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Apple Largest US Equity Position of ETFs

By Market News Video Staff, Wednesday, October 6, 8:02 AM ET

According to ETFChannel.com's Top ETF Stock Components list, Apple (NASDAQ:AAPL) is the single largest US equity position of ETFs in the aggregate. ETFs hold approximately $9.7 billion of Apple stock, or about 3.7% of Apple's market cap.

To put this in perspective, ETFs own about $4.5 billion of International Business Machines (NYSE:IBM), or only 2.6% of IBM's market cap.

The PowerShares QQQ (QQQQ) is the largest ETF holder of Apple at about $4.3 billion, or nearly 20% of the total holdings of the ETF. The SPDR S&P 500 ETF (AMEX:SPY) is next in line at about $2 billion of Apple.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AAPL   AMEX   According   Apple   Business   Components   ETFChannel   ETFs   International   Machines   NASDAQ   NYSE   PowerShares   QQQQ   SPDR   Stock   about   aggregate   approximately   billion   equity   hold   holder   holdings   largest   line   list   market   nearly   next   only   perspective   position   single   stock   this   total
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