What’s up with all the large volume In after hours today

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Author notes unusually high after-hours volumes for MSFT and GOOGL, wondering if it's due to quarterly rebalancing.

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Just to name a few stocks, these had very large volume in after hours (way above normal shares traded)

Spy 14.71 million

Qqq 6.18 million

Microsoft 54.39 million

Google 21.99 million (this was the strangest, there was 31.7 million shares sold at 4pm alone versus 60.36 million for the entire day session)

Is this due to quarterly rebalancing?

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