Not sure if this will wreak havoc either. Hopefully no tantrums or selling off July 14Nasdaq 100 Plans Special Rebalance To Curb Dominance Of 'Magnificent Seven'
The Nasdaq 100 special rebalance will take place before the market open on Monday, July 24, to "address overconcentration in the index by redistributing the weights."Will Nasdaq 100 Special Rebalance Affect Stock Prices?
The Nasdaq 100 special rebalance will spur stock allocation shifts among ETFs such as QQQ and mutual funds that track the index. So there could be some one-off gains or losses, perhaps as the planned changes are announced on July 14.
investors.com/news/nasdaq-100-plans-special-rebalance-to-curb-dominance-of-magnificent-seven/
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