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ETFs Hold More Than $5 billion of Microsoft

By Market News Video Staff, Friday, October 1, 7:59 AM ET
Play Video: The Importance of ETFs


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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.


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