DDOG & ZS Added to Nasdaq-100 Index

Just saw this announcement that came out at 8 PM EST last night after the market’s regular trading session as well as the after hours trading had ended. So I do not think this announcement is “priced in” to any of the stocks mentioned.

Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 20, 2021.

So it becomes effective a week from Monday.

Here are the stocks that are being added.

The following six companies will be added to the Index: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. (Nasdaq: DDOG).

If you look up ETFs that are based on this index you will find the following.

With 8 ETFs traded on the U.S. markets, NASDAQ-100 Index ETFs have total assets under management of $243.49B. The average expense ratio is 0.66%. NASDAQ-100 Index ETFs can be found in the following asset classes:


Here is a link to the original announcement.


Maybe this will lead to some buying for DDOG and ZS as the ETF’s adjust their index holdings.

Frank - long DDOG, see profile for all holdings