The Nasdaq-100 Index Special Rebalance to be Effective July 24, 2023

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https://www.nasdaq.com/press-release/the-nasdaq-100-index-special-rebalance-to-be-effective-july-24-2023-2023-07-07

This seems to have flown under the radar, or maybe I was just living under a rock. I suppose a systematic means of limiting concentration is a good thing, but I’m curious how the applicable ETFs will handle the adjustment and whether there will be any tax implications.

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h/t HulksInvinciblePants

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