People Trying Hard To 'Outfox' S&P 500: Cutright

Brooks Cutright, portfolio manager at Hedgeye Asset Management, said on Bloomberg that index tracking funds hold nearly $27 trillion tied to the S&P 500. The S&P 500 is scheduled to announce index changes this Friday as part of a rebalancing. Thirty-six companies qualify for entry while more than 110 existing members no longer meet the index's market-cap requirement.

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