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PayPal Finds Another ETF Home, Will Join QQQ

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PayPal Holdings Inc. (NASDAQ: PYPL) is nearly five months removed from its spin-off from eBay Inc. (NASDAQ: EBAY), but that is not stopping the provider of electronic and mobile payments from gaining entry into a wide array of exchange trade funds.

One of the next ETFs to hold shares of PayPal is one of the largest, most well-known ETFs in the world. After the close of U.S. markets Tuesday, Nasdaq said the NASDAQ-100 Index (NDX) will add shares of PayPal before the market open on November 11. PayPal will replace Broadcom Corp. (NASDAQ: BRCM) in the NASDAQ-100, p>

/www.benzinga.com/trading-ideas/long-ideas/15/11/5959483/paypal-finds-another-etf-home-will-join-qqq alt=PayPal Finds Another ETF Home, Will Join QQQ>Full story available on Benzinga.com

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