Front Running S&P 500 ETF Rebalances Could Be Adding to Tracking Errors
July 09, 2015 at 09:30 AM EDT
Some savvy traders have taken advantage of scheduled rebalancing in popular exchange traded funds to front run potential changes, adding to wider divergence between S&P 500 ETF plays. Year-to-date, the SPDR S&P 500 ETF (NYSEArca: SPY) rose 2.15%, iShares Core S&P 500 ETF (NYSEArca: IVV)...