Tech Stocks Lose Pure Growth Status
This is a news story, published by Yahoo Finance, that relates primarily to Apple news.
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Growth ETFEtf
•Growth ETFs Shaken Up as Tech Takes on Value Blush
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Apple , Amazon and Microsoft no longer considered pure growth by S&P Global.
Microsoft Corp. and Adobe Inc. are also no longer categorized as pure growth under the firm’s latest rebalancing of its growth and value indexes.
Investors will get a smaller slug of Apple and Amazon in their growth ETFs, CFRA 's Aniket Ullal wrote.
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