How Much of Wall Street’s Major Firms Do ETFs Actually Own?

With over 1,600 exchange traded products to choose from, investors have access to nearly every corner of the investable universe. From hyper-targeted funds, to unique quant-based strategies, to plain-vanilla core building blocks, ETFs invest in essentially every type of security [see 7 Underappreciated Core ETFs]. Equity funds in particular have become increasingly popular, with investors continuing to embrace these products. Though equity ETFs have become quite large, their ownership interest in the underlying securities they hold is actually quite minimal. To illustrate this, we highlight several ETFs with large allocations to a single company and see how much of those companies each ETF actually owns. Please note that all data is as of 7/1/2014. Apple Ownership Ticker Name % AAPL Weight # Shares Held of AAPL % Ownership of AAPL IYW U.S. Technology ETF 17.76% 7,461,551 0.124% XLK Technology Select Sector SPDR 15.08% 20,536,924 0.341% QQQ PowerShares QQQ 13.03% 61,269,234 1.016% […] Click here to read the original article on ETFdb.com. Related Posts: 5 Tweets That Shook the ETF World How to Spot a Sector Rotation with ETFs Sector ETF Highlights and Lowlights from Market Bottom Daily ETF Roundup: XLE Drops As Crude Retreats, IYW Pops On Apple Earnings Daily ETF Roundup: Stocks Finish Flat, XLK Tumbles On Microsoft And Google Earnings