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How An ETF Gets Too Big For Its Index

TedTed
in The Bullpen
FYI:
Regards,
Ted
The ETF in question is the VanEck Junior Gold Miners ETF (GDXJ), which tracks the MVIS Global Junior Gold Miners Index. Since early 2016, assets in the fund ballooned from a little more than $1 billion to $5.4 billion currently. Some of that was due to rising share prices―GDXJ nearly doubled from $19.80 at the start of 2016 to $36.71 today, an 85% gain, thanks to the rebound in gold.
Regards,
Ted
http://www.etf.com/sections/features-and-news/how-etf-gets-too-big-its-index?nopaging=1
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