“Effective with the December 2014 evaluation, NASDAQ OMX will modify the index methodology to allow for inclusion of all of a company’s share classes that meet inclusion criteria of the NASDAQ-100 Index. The index will therefore better reflect the entire market capitalization of the 100 largest non-financial companies listed on The NASDAQ Stock Market,” said NASDAQ OMX in a statement.
QQQ already features both classes of Google (Nasdaq: GOOG) among its top-seven holdings. Apple (NasdaqGS: AAPL) is QQQ’s largest holding with a weight of 14%. [Changes Coming for QQQ]
PowerShares QQQ
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Apple and QQQ.