Early next week (Monday the 27th) we will see ‘rebalancing’ announcements being made by Wells Fargo on a number of Indexes. Below is a list of mostly preferred stock indexes that will announce rebalancing.
As you can see the announcement will be made Monday with actual rebalancing occuring on the next Monday (2/3).
Many ETFs track these indexes and I randomly checked a few of them and there is sizable potential volume that could occur in many issues–whether it is orderly or not is anyone’s guess. There may be issues “dumped” that would allow a few issues to be picked up at more bargain prices. We will wait and see what happens.
NOTE–the ETFs tracking these indexes are not the mega sized ETFs, but as a group they are sizable.