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Ian345

06/13/17 2:06 PM

#35578 RE: biotech2 #35575

Um, they ain't in the 2000 or 3000 period. Just the MicroCap I'm afraid.

That isn't a huge deal. If you look at the largest Microcap ETF the iShares IWC has a NAV of $851m but would likely hold less than $200k of XXII at the current market cap.

TravelZoo TZOO has a cap of $140m and IWC only holds $185k of it.

Global Water Resources GWRS has a cap of $201m and IWC holds $200k of it.

XXII will likely fall within the two.

Out of the other microcap ETFs WMCR is the largest at $28m so the effect it will have on XXII buying is minimal.