Apple ETF

It's well understood by the investment community that Apple Inc. (NASDAQ: AAPL) is a heavyweight stock given its approximately $500 billion. However, it isn't as clear what affect Apple has in the exchange-traded funds that hold it stock. Bloomberg's Eric Balchunas breaks down the...

Shares of Apple Inc. (NASDAQ: AAPL), still the largest U.S. company by market value, fell 6.1 percent on Friday and have tumbled more than 15 percent over the past month. That puts the iPhone maker's stock well into correction territory. Actually, by the strictest definition of a correction...