MSFT Crosses Above Average Analyst Target Tuesday, May 2, 9:19 AM ET, by Market News Video Staff In recent trading, shares of Microsoft Corporation (MSFT) have crossed above the average analyst 12-month ...
Looking at ETFChannel.com's "Top ETF Stock Components" toplist, in total ETFs hold over $5 billion of Microsoft (NASDAQ:MSFT) stock.
The SPDR S&P 500 ETF (AMEX:SPY) has more than $1.4 billion in Microsoft, the PowerShares QQQ ETF (QQQQ) holds about $900 million and the S&P 500 Index Fund (AMEX:IVV) owns more than $400 million of Microsoft. Next in line is the Technology Select SPDR ETF (AMEX:XLK) which has over 8% of its holdings in Microsoft.
In total, ETFs make up about 2.4% of the market cap of Microsoft.
This Article's Word Cloud:AMEXComponentsETFChannelETFsFundIndexLookingMSFTMicrosoftNextPowerSharesQQQQSPDRSelectStockTechnologyaboutbillionholdholdingsholdslinemakemarketmillionmoreoverownsstockthantoplisttotalwhich
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.