This is normal when index funds are required to hold shares in said funds relative to the total index.
The deadline for WiLan to be included in the index was yesterday, so the funds had to "top up" their WiLan holings to match the index.
S&P Dow Jones Indices Announces Changes to the S&P/TSX WIN
TORONTO, Sept. 15, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices after the close of trading on Friday, September 19, 2014:
S&P/TSX CAPPED INFORMATION TECHNOLOGY SECTOR INDEX |
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ADDITIONS |
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Issue Name |
Symbol |
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5N Plus Inc. |
VNP |
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Absolute Software Corporation |
ABT |
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COM DEV International Ltd. |
CDV |
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DragonWave Inc. |
DWI |
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Redknee Solutions Inc. |
RKN |
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Sandvine Corporation |
SVC |
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Sierra Wireless, Inc. |
SW |
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Solium Capital Inc. |
SUM |
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Wi LAN Inc. |
WIN |