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Re: HONU post# 5536

Tuesday, 05/23/2017 3:37:47 PM

Tuesday, May 23, 2017 3:37:47 PM

Post# of 19251
You would think they might have a method to the way they sell down the shares in those companies they're reducing in the ETF, but I don't see what that is yet. Even with the selling they've done so far in FF the percentage amount in the GDXJ has stayed close to 1% because of the reduction of other company shares.

I was told by Derek in IR that the stock performance didn't really affect what share amount was kept in the ETF, but that doesn't make much sense to me. I would think someone running GDXJ keeps up with individual performances for however long that's measured. 6-12 months anyway.
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