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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 > ARK /PYR
View:
Post by Brigon on Feb 07, 2021 10:26pm

ARK /PYR

We have had quite a few posts recently about ARK buying more shares in PYR, yet the % stays the same at 0.15%. Must be that ARK is getting so much new money into the fund and buying all stocks to maintain their ratio%. The thing to watch for is if PYR starts to move up from .15%, then Cathy has decided to promote PYR to a higher %.
Comment by MidtownGuy on Feb 08, 2021 12:44am
Brigon, while all funds are in a perpetual state of buy/sell, I wouldn't expect a serious re-weighting of PYR until the next quarterly rebalancing. Here's why... The more the ETF sells (inflow), 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, and more importantly, within ...more  
Comment by Brigon on Feb 08, 2021 8:19am
Thanks Midtown, nice to get a solid reply with the facts. I also didn't know it was sola??? that decided the weighting's in the index.