Author: climateer
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Because it is a member of all the major indexes, and because in the case of market-cap-weighted indices $3 trillion is real money (I guess 3 trillion is real money anywhere except maybe Washington DC) the effect of price moves in Apple can be dramatic. As one example, in the Nasdaq 100 index (tradable in futures or the QQQ) Apple’s weight is 10.99%. If interested here is Invesco’s page on the ETF
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