COPX rebalanceCopx will rebalance its fund at the end of this month. It has about 6 companies that are over its max percentage (4.75%). Taseko is 1% of its holdings, and the fund holds 8.5 million shares.
Has anyone seen the rebalance impact stock prices one way or the other? If they went from 1 to 2% with Taseko, it would have a major impact on sp while they accumulate. But maybe they make much more subtle adjustments than that.
I don't know. Just curious.