The Technology Select Sector SPDR Fund (XLK), a popular tech-focused exchange-traded fund (ETF), is making a major change. The fund will reduce its holdings in Apple and increase its investment in Nvidia. This shift is needed because Apple and Microsoft each hold a 22% weight in the ETF, while Nvidia only has 6%. It’s important to note that Microsoft ( $Microsoft(MSFT)$ ) will not be impacted by this rebalancing. The changes focus solely on adjusting the weights of Apple ( $Apple(AAPL)$ ) and Nvidia ( $NVIDIA Corp(NVDA)$ ) within the ETF. Microsoft will maintain its current weight of 22%, continuing to be a major component of the XLK ETF. The rebalancing is sche