Super Micro to Join S&P 500, Shares Rally: ETFs to Buy

One of the hottest trades - Super Micro Computer (SMCI) – is set to enter the S&P 500 Index on quarterly rebalance, replacing Whirlpool. The move came on the back of its historic rally as the stock soared more than twentyfold over the past two years and over 200% just since the start of 2024. Super Micro jumped 19% to a new all-time high following the news, propelling its market cap to $60 billion (read: Time to Buy Super Micro (SMCI) Heavy ETFs as It Joins S&P 500?).Super Micro’s inclusion in the S&P 500 i ...