Let's say you owned an ETF like SRTY or URTY, and it closes +$2.10 for the day. You go look and yup, the last trade was at $45.80, up $2.10. Then later after 4pm, suddenly the closing price is modified 8 cents lower, so its only +2.02. What gives? Why did they do this, and should they be able to do it? I'm not talking about the after hours quote - I mean the 4:00pm close price listed is no longer the price of the last trade placed by 4:00pm. I have seen this often.
ETF question
Started by
gm_general
, May 06 2014 03:43 PM
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