GDXj...really?

[Costa]

Is this GDXJ or something else?

[zoros]

The GDXJ rebalance is showing a rise of 0.05% for GGP. This is based on the ETF current value of $3.34.
This suggests that they need 16.7m shares.
Could this be it?
Z

[zoros]

https://www.vaneck.com/uk/en/gdxj/holdings/

(Now moved up to 0.61% from 0.60%.
Z

[ManFromUruguay]

Hi Costa/Zoros
How on earth has that not shoved us up a penny or two ? Seems impossible to buy that amount at below the starting price for the day ?
MFU

[Spondy]

Is it possible the large trade(s) is(are) the completion of a buy order filled over several days?

If so does it follow that the shorts could close in a similar way and have negligible impact on the share price?

[ManFromUruguay]

That's the way it's looking Spondy IMO. At least if and when they eventually close it will give investors the confidence to buy without (as much of the) the constant manipulation which should then help the SP recover
GL MFU

[Nitram64]

GDXJ Rebalance

US Fund increased from 188,083,722 (15.09.2022) to 205,003,354

An increase of 16,919,632

No updates taken place on UK fund, however expected increase in excess of 1.845 Million shares when announced.