Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How are prices determined for NASDAQ-100 Index Tracking Stock?

April 26, 2017index nasdaq-100 prices stock

0

Posted

How are prices determined for NASDAQ-100 Index Tracking Stock?

1 Answer

0

Posted

NASDAQ-100 Index Tracking Stock is designed to initially trade at roughly 1/40 the level of the NASDAQ-100 Index. For instance, if the Index was at 1,000, you could reasonably expect NASDAQ-100 Index Tracking Stock to trade at about $25 per share.