Rich Lee Discusses the Impact of Tesla Entering the S&P 500 Index with ETF.com
December 9, 2020 - In a recent Q&A with ETF.com, Rich Lee, Baird’s Head of Program Trading, shared his perspective on how Tesla entering the S&P 500 Index will impact ETF investors and what needs to happen for it to work smoothly. According to Lee, “The biggest thing about it is the sheer size of it. Because of the market cap of Tesla, because of where the stock’s trading, it’s going to go into the S&P as one of the largest weights and largest adds from a national dollar perspective.”
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