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More Than $2.5 Billion of Qualcomm Held By ETFs

By Market News Video Staff, Thursday, September 30, 8:21 AM ET
Play Video: The Importance of ETFs


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Turning to ETFChannel.com's "Top ETF Stock Components" top-list, ETFs aggregately hold over $2.5 billion of Qualcomm (NASDAQ:QCOM) stock.

The PowerShares QQQ ETF (QQQQ) has more than 4.6% in Qualcomm, or about $975 million of the stock, the SPDR S&P 500 ETF (AMEX:SPY) holds over $547 million and the S&P 500 Index Fund (AMEX:IVV) owns about $155 million of Qualcomm.

In total, ETFs make up about 3.6% of the market cap of Qualcomm.


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