Laramide Resources Ltd T.LAM

RE:RE:Exited this stock

[windywolf]

Heya Mighty,

So how does the rebalance work exactly?


I realize they're a  ETF, that owns a diverse portfolio of U stocks.

So do they have to selloff some there U holds then buy them back?

[MightyMorf]

My understanding is they have to sell stocks that they are overweight in.   (CCO,UEX,U.UN the larger ones.).  They will then e8ther add to existing stocks that they are underweight in.   (Smaller holdings).  Or they may purchase stocks that are not in the ETF.   

[MightyMorf]

I should add that URA a while back became not a pure U play.   So they may sell down on those stocks?