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Re: BeamMeUpScotty post# 19709

Wednesday, 06/08/2022 7:29:53 PM

Wednesday, June 08, 2022 7:29:53 PM

Post# of 76713
In order to minimize tracking error, fund managers should purchase the security right when it's added to the index. Usually securities are added to an index after the market has closed, so this means fund managers should purchase at the close of trading on the day of the addition. Hope this helps; they must buy shares.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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