Cannabix Technologies Inc (BLOZF)

[shell3]

The formula to the number .40866 is Answerable but without the formula it can't be answered

To me it doesn't really matter yet as the link that I posted says how 1 ETF share is created

1 share of all 62 Company's = 1 ETF Share

As to the $102.41 (1) ETF Share value as of 02-17-2017
https://www.solactive.com/indices/?index=DE000SLA1CR1

Then their combined Market Cap divided by 62 Companys - but a fraction of that Combined Market Cap giving the Fund Liquidity and making the 1 Share ETF being cheaper than Buying 1 Share of all 62 Company's

Here's that link about creating a ETF - I read it as if there's 1,000,000 ETF Shares then there's 1,000,000 shares of each 62 Company's and making some 62,000,000 shares being held to back the 1,000,000 ETF Shares

Also those 1,000,000 ETF shares have a value of $102.41 each or $102,410,000

Say it's $1B Fund then it would be $1B / $102.41 = 9,764,671.5 ETF Shares or 9,764,671.5 shares of each Company's

Has to be a 62 shares for 1 ETF Shares and right now the valued at $102.41

I haven't added the 62 Company's Friday close as BLOZF was $0.60 and CBIS was $0.1135 does that equal $102.41 WEED Index

Here's the link http://www.etf.com/etf-education-center/7540-what-is-the-etf-creationredemption-mechanism.html