According to the ETF Finder at ETF Channel, PLD makes up 17.33% of the iShares Industrial/Office Real Estate Capped ETF ( FNIO) which is trading lower by about 0.3% on the day Wednesday.
Prologis (PLD) is set to release its 2016 third quarter results before Thursday's market open.
A new sector is being launched by S&P Dow Jones Indices after the markets close on September 16, moving the real estate companies from financials to their own segment.
REITS have become the 11th sector to watch on the Standard & Poor's 500. Here's why.