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Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund

Wow, talk about a changing of the guard. This rebalance really shows how fast things move in the tech world.Yet AAPL is up today and NVDA is down.
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
KEY POINTS
- $Microsoft(MSFT.US)$ and $NVIDIA(NVDA.US)$ will likely have a weight of around 21% in this tech ETF, while $Apple(AAPL.US)$ will be down to about 4.5%, according to Matthew Bartolini, head of SPDR Americas Research.
- The rebalance will be in effect for one quarter, even if Apple outperforms Nvidia significantly ahead of the official date.
- The ETF has about $71 billion in assets under management, so a 15-percentage
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
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    news porter, welcome and respect all view~
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