Nasdaq-100 ETF Rises on Apple Dividend

A highly traded ETF indexed to the Nasdaq-100 rose in early dealings Monday along with its largest portfolio holding after Apple (NasdaqGS: AAPL) announced a $2.65-a-share dividend as well as a stock buyback plan. Apple represents 18.4% of PowerShares QQQ (NasdaqGM: QQQ). The Nasdaq-100 ETF, which...
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