Components of the Ivanka Trump Stock Index:
TRMP - Named to the Board of Directors
GE - Boardroom judge on The Apprentice on NBC
VIVEF.PK - Vivendi also owns NBC Universal
TWX - Born Rich documentary, purchased by HBO, owned by Time Warner
FCE-A - Worked for Forest City Enterprises
CBS - Appeared on Late Show with David Letterman broadcast by CBS
PG - First appeared on The Apprentice to help judge the Gillette task, a division of Procter & Gamble
To track and to see more details on the Ivanka Trump connection to these stocks, go to Stockpickr.com, and check out the Ivanka Trump Stock Portfolio.
Assumptions:
This is a price-weighted index, similar to the Dow Jones Industrial Average.
Dividends were excluded.
Returns:
Ivanka index ended down over 2.4% from where it was three months ago, underperforming the Dow Jones Industrial Average, which was up 11.4%.
The drop in the Ivanka index was primarily due to the drop in the Trump Entertainment stock. Hopefully, the Ivanka index will turn around once she takes a more active role in Trump Entertainment.
Author owns TWX and TRMP.
By Fred Fuld for Stockerblog.com.
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