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Re: Money $hot post# 17024

Tuesday, 02/21/2017 1:49:44 AM

Tuesday, February 21, 2017 1:49:44 AM

Post# of 27550
Hat's off to you AMG

Been crunching numbers since about 3pm and it's 11pm now

ETF holds about 4.74% of BLO/ZF Market Cap or 4,078,660 BLO Shares

Not done yet but I'll have a $,$$$,$$$,$$$ Value of this ETF Fund tomorrow

Plus a complete Market Cap of these 69 Company's as of 02/17/2017

The biggest Company in this Fund is ABBV an a Market Cap of $100.4B
ETF holds $88.8M of that Companys Market Cap or .0888% of AbbVie
So that Company the ETF holds less than .1%
Not even a 10th of 1 percent but that .0888% is more than BLO/ZF Market Cap by almost double

Just a quess now but ETF going to be $1B ETF to start with

$102.41 for (1) ETF share as of close 02/17/2017 - so that's 10M ETF Shares for sale or so

So what happens here, if the ETF sellout the ETF, does the ETF buy more of the $100B Company so they can hold at least 1% of that one, that 1% is as big as the $1B ETF as it looks like it might be now
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