Facebook Stock: Like It or Not, Millions Will Own It Soon

By Dan Caplinger – Dec 14, 2013 at 1:01PM

NASDAQ: META

Meta Platforms

Market Cap

$1,279B

Today's Change

(1.54%) $7.63

Current Price

$501.80

Price as of April 18, 2024, 4:00 p.m. ET

Find out why millions of investors are going to automatically find themselves owning Facebook stock.

After Facebook (META 1.54%) had a horrible experience going public last year, many investors swore that they'd never own the stock again. But thanks to the recent announcement that the social-media giant will become part of the S&P 500 index, millions of index investors will end up owning Facebook indirectly.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, goes through the reasons Facebook is becoming part of the S&P 500 and what it means for index investors. Dan notes that the move was quite predictable, with other indexes having already added the social-media company's shares a long time ago. Dan then goes into the things that investors in the SPDR S&P 500 (SPY -0.21%), iShares S&P 500 (IVV -0.23%), and Vanguard S&P 500 (VOO -0.23%) will need to keep in mind in the days before and after Facebook's addition to the index on Dec. 20.

Fool contributor Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Facebook. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.