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Re: mattymatt66 post# 78302

Tuesday, 08/31/2021 9:31:19 PM

Tuesday, August 31, 2021 9:31:19 PM

Post# of 194472
According to Motley Fool, the NASDAQ Composite Index Fund owns every individual stock in NASDAQ. This will include our LWLG:

The Nasdaq Composite Index defined
The Nasdaq Composite is a stock market index that consists of the stocks that are listed on the Nasdaq stock exchange. To be included in the index:

A stock must be listed exclusively on the Nasdaq market.
The stock must be a common stock of an individual company, so preferred stocks, exchange-traded funds (ETFs), and other types of securities are excluded.
American depositary receipts (ADRs), real estate investment trusts (REITs), and shares of limited partnerships are eligible, however.
That's why there are so many stocks included in the Nasdaq Composite and why the number of stocks in the index changes often. The index is designed to be representative of the entire Nasdaq stock market, not just the largest companies.

The Nasdaq Composite is one of the most widely followed stock indexes in the U.S. and is usually one of the three “headline” indexes that market commentators often cite -- along with the Dow Jones Industrial Average and the S&P 500.

Because the Nasdaq has a high concentration of companies in the technology sector -- particularly of the younger, fast-growing variety -- the Nasdaq Composite Index is often considered to be a good barometer of how well the tech market is performing.

https://www.fool.com/investing/stock-market/indexes/nasdaq/
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  • 1M
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  • 1Y
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