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Bullboard - Stock Discussion Forum HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the... see more

TSXV:HPQ - Post Discussion

HPQ Silicon Inc > HPQ and ARK PRNT ETF
View:
Post by MidtownGuy on Feb 07, 2021 2:48pm

HPQ and ARK PRNT ETF

Some of you don't quite know how it works.

The ARK 3D Printing ETF is an index fund, which means it is not actively managed, it is an ETF which mimics an index. Cathy Wood has not put HPQ in the ETF because HPQ is not part of the underlying index, which is established by the index creator, in this case Solactive.

Unless HPQ shows up here, it's unlikely it's going to be in the ARK fund. Go here and then look under the "index composition" tab to see the companies:

https://www.solactive.com/Indices/?index=DE000SLA1A36

Also, once the initial position has been established (which it seems to have been by this point), the daily buying of PYR into the ETF has nothing to do with Cathie and ARK liking or disliking a company, it is based on the daily inflow of new money into the ETF by investors. The more it sells, the more money is distributed evenly across the companies within the ETF by the purchase of more shares based on each company's assigned weighting within the ETF.

This weighting changes when 1/ a new position in a company is being established, 2/ during the quarterly rebalancing of the weighting of the fund, and/or 3/ in exceptional circumstances, say when one company in the fund is struggling/delisted/bought out etc, and other company's weighting's are changed to compsenate.
Comment by Koooo on Feb 07, 2021 4:59pm
Midtown... you sir are a liar and a basher. Also you're not good at either. You won't fool anybody that's been around this board for any length of time.
Comment by Qualicum on Feb 07, 2021 6:06pm
Koooo, Why exactly do yu accuse Midtown in such a manner? I have followed this board for several years and always found Midtown's posts to be educational, informative and factual. He does not deserve the slander you are throwing at him. He was even invited by Agoracom to be a contributor, that says a lot as to his posting repuration in my opinion.
Comment by MidtownGuy on Feb 07, 2021 6:41pm
Thanks for that. Since Koooo has been posting on SH since 2003 and has a rating of 459, and I've been on here since July and have a rating of almost 3000 (#31 all time on SH) while posting almost exclusively about HPQ and PYR... well the facts are clear. Hard to be a basher and get such a rating so quickly ;) It's also clear who he is friends with lol.
Comment by Koooo on Feb 07, 2021 7:05pm
Well you weren't making any sense to me so I'm just calling it the way I see it.
Comment by MidtownGuy on Feb 07, 2021 7:37pm
If ignoring clear facts about what an index fund is, and that ARK 3D ETF is an index fund (including supporting links I provided so you could check), while slandering me as a basher without checking my posting history, is what you call not "making any sense" to you, you're not trying very hard. I do research, you don't. Smarten up. Here's more links for you to help you ...more  
Comment by Koooo on Feb 07, 2021 8:28pm
Well when Ark Investments chose to invest in pyrogenesis I think they knew they were investing in hpq. It doesn't matter whether they knew it or not they are. Anyhow I apologize. I might have been a little hard on you. So many slimeballs around this board you get a little defensive.
Comment by MidtownGuy on Feb 07, 2021 6:32pm
LOL. Geez, more of you guys. Anyone who has read my hundreds of posts about HPQ and PYR knows the opposite of what you say is true, dumbass. But two things: 1/ I've been posting here and on the PYR board since last July, as you know. 2/ None of that changes that what I wrote about the 3D printing ETF being an index fund that follows explicitly the Solactive Index of companies -- and until ...more