NVIDIA's XLK weight increase
As expected, NVDA is moving towards around $150. This Friday, SPDR's technology ETF (XLK) will switch rankings between Apple, which is 2nd in weight, and NVDA, which is 3rd, and the NVDA weight will be raised from the previous 6% to 11%. Approximately $10 billion is also expected to flow in before and after adjustments. So even if CEO Jansung sells NVDA shares in 2 days, everyone ignores it (lol
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