RE:Global x has gone lower than--2.11% They also sold 114,000 more FCU shares yesterday after you posted they were done selling a few days ago. I really don't know how many times I need to say it, it is an evolving thing, and even if URA sells shares, it does not mean the % weighting will go down. Take UEX for example, before yesterday they made up 1.35% of URAs portfolio. Yesterday URA sold 72,000 UEX shares, yet they moved up to 1.38% of URAs portfolio. If you don't get how that is possible, than you clearly don't understand.
Not meant to me confrontational, only informational.
Plain and simple, companies with exposure to URA need to either hope large % holdings such as CCO go up, OR, they need to buy back their shares.