Apple Wins Big as $250 Billion of Index Trades Hit Wall Street
https://media.zenfs.com/en/bloomberg_technology_68/9c2fc8e3274ab61d99f01f38f35ec5fa
https://finance.yahoo.com/news/apple-wins-big-250-billion-114500961.html
The article discusses the upcoming reshuffling of $250 billion of shares by index-tracking funds, which is expected to be the busiest in almost four years. The event is happening at the same time as a 'triple witching' trading event, where $5.1 trillion of derivatives tied to stocks and indexes are set to mature. Apple's weighting in key benchmarks is expected to increase after Warren Buffett's recent share sale.