Which of the following are TRUE statements?

I. The Dow Jones Industrial Average consists of $30$ stocks whose price behavior broadly reflects the overall price behavior of the stock market.

II$.$ The S&P $500$ Index is carefully constructed to reflect the values of large, medium and small capitalization companies.

III. The NASDAQ Index is more overweight in the information technology sector than other popular indices.

IV$.$ The Value Line Composite Index best reflects the performance of a large, diversified portfolio with equal amounts of money invested in each company.

a$.$

II and III only

b$.$

I and II only

c$.$

I, II$,$ III and IV

d$.$

I, III and IV only