GREY:NMKEF - Post by User
Comment by
Steamoon Oct 16, 2017 5:34pm
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Post# 26818902
RE:RE:RE:I'm tired - I retire
RE:RE:RE:I'm tired - I retireThe Global X Lithium & Battery ETF tracks a market-cap weighted index of global lithium miners and battery producers. The weighting of a stock in this index does not reflect an opinion on the stock. The increase in the amount this fund has invested in NMX is a reflection of the inflows that this fund has seen this year. As the fund increases in size it will continue to buy more shares of NMX, assuming its market cap weighting is stable or increasing. This is a positive for NMX of course so let's hope the net inflows continue.