RE:RE:RE:Not really that many shares left to be soldGDXJ is re-balanced quarterly, on OPEX of the final month each quarter.
Due to fund flows (institutions buying and redeeming units), GDXJ is constantly buying and selling shares.
Just because the index can buy companies having a market of up to $2.8 billion does not necessarily mean that the June index weightings will reflect a full allocation to the midcaps.
They may decide to do this over the course of 2 or 3 re-balancing windows.
We will know by June 12th as Market Vectors publishes its index changes one week in advance of the change date.