{"id":88546,"date":"2024-06-18T00:09:01","date_gmt":"2024-06-18T04:09:01","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88546"},"modified":"2024-06-17T22:56:03","modified_gmt":"2024-06-18T02:56:03","slug":"nvidia-to-get-20-weighting-and-billions-in-investor-demand-while-apple-demoted-in-major-tech-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2024\/nvidia-to-get-20-weighting-and-billions-in-investor-demand-while-apple-demoted-in-major-tech-fund.html","title":{"rendered":"Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\">Nvidia<\/a>\u2019s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\">Apple<\/a>. The index that the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/XLK\/\">Technology Select Sector SPDR Fund (XLK)<\/a>\u00a0follows will soon rebalance, based on an adjusted market cap value from Friday\u2019s close. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/06\/17\/nvidia-to-get-20percent-weighting-and-billions-in-investor-demand-while-apple-demoted-in-major-tech-fund.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Nvidia\u2019s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on\u00a0Apple. The index that the\u00a0Technology Select Sector SPDR Fund (XLK)\u00a0follows will soon [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88546","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88546"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88546\/revisions"}],"predecessor-version":[{"id":88547,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88546\/revisions\/88547"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}