More Than $2.5 Billion of Qualcomm Held By ETFs Thursday, September 30, 8:21 AM ET, by Market News Video Staff Turning to ETFChannel.com's "Top ETF Stock Components" top-list, ETFs aggregately hold over $2.5 billion of ...
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By Market News Video Staff, Tuesday, November 9, 1:51 PM ET
Research in Motion (NASDAQ:RIMM) shares are falling today after Kaufman downgraded it from buy to hold.
Analysts at the firm cited increasing competition for RIM’s BlackBerry as a driver for the rating cut.
Shares of Research in Motion are trading lower by 2.7% Tuesday.
RIM is the third-largest holding in the Wireless HOLDRS (WMH) fund, with 10.15% of the total portfolio in RIM stock.
Crown Castle International (NYSE:CCI) is the #1 holding, at 34.44% of the fund, with Qualcomm (NASDAQ:QCOM) in the second place spot at 17.88%. Verizon (VZ) and Vodafone (NASDAQ:VOD) round out the top five.
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