MVIS | GDXJ Junior Gold Miner Q3 ETF Rebalance – The Latest

It is that time of year when Pumpkin Spice Latte’s, fantasy football leagues and mining conference are back in vogue. It also happens to be Friday the 13th today, and since mining companies at times scare the living daylights out of me, it seems as no coincidence that we have a rebalance update to speak of. The MVIS Global Junior Gold Miners Index completed its quarterly review today. VanEck Vectors Junior Gold Miners ETF (GDXJ) seeks to replicate MVIS index and tracks the changes. The modifications noted below are effective at the market close September 20.

Last quarter, Royal Nickel was added. The decision caused the stock price to run up quite rapidly only to give it all back and then some over the ensuing months.

The Aussies are coming!! Changes this quarter are as follows:

Additions:

RoxGold

Industrias Penoles

Gold Road Resources

Dacian Gold

Deletions:

None

ChangesBloomberg TickerNameISINSEDOLCountryFinal Float SharesFloat MCap (USD)Capping FactorWeight (Capped) Pure-Play Companies
Review Q3 2019           
 KGC UNKINROSS GOLD CORPCA4969024047B04NVW3Canada889,303,8774,295,337,7261.0000006.20%  
 EVN ATEVOLUTION MINING LTDAU000000EVN4B3X0F91Australia1,224,984,8223,931,356,0381.0000005.67%  
 NST ATNORTHERN STAR RESOURCES LTDAU000000NST86717456Australia441,318,9223,201,872,4861.0000004.62%  
 PAAS UWPAN AMERICAN SILVER CORPCA69790010892703396Canada182,249,2013,136,508,7461.0000004.53%  
 GFI UNGOLD FIELDS LTD-SPONS ADRUS38059T10602416326South Africa563,470,2392,772,273,5751.0000004.00%  
 AUY UNYAMANA GOLD INCCA98462Y10072237646Canada817,361,4482,746,334,4641.0000003.96%  
 BVN UNCIA DE MINAS BUENAVENTUR-ADRUS20444810402210476Peru178,678,4482,572,969,6511.0000003.71%  
 DGC CTDETOUR GOLD CORPCA2506691088B1PMQ65Canada130,741,2702,087,770,1581.0000003.01%  
 BTG UAB2GOLD CORPCA11777Q2099B2PDX08Canada628,394,7012,048,566,7251.0000002.96%  
 SBGL UNSIBANYE GOLD LTD-SPONS ADRUS8257242060B9G7XT7South Africa420,529,6171,955,462,7171.0000002.82%  
 AG UNFIRST MAJESTIC SILVER CORPCA32076V1031B01DH95Canada157,968,1211,573,362,4851.0000002.27% Silver
 SSRM UWSSR MINING INCCA7847301032BF7MQ72Canada104,440,0441,565,556,2641.0000002.26%  
 AGI UNALAMOS GOLD INC-CLASS ACA0115321089BYNBW45Canada241,763,8911,564,212,3761.0000002.26%  
AdditionPE&OLES* MFINDUSTRIAS PENOLES SAB DE CVMXP5540914152448200Mexico123,217,4811,546,457,5271.0000002.23%  
 HMY UNHARMONY GOLD MNG-SPON ADRUS41321630012411202South Africa465,500,2501,526,840,8191.0000002.20%  
 PVG UNPRETIUM RESOURCES INCCA74139C1023B4KV613Canada125,524,8121,464,874,5581.0000002.11%  
 SAR ATSARACEN MINERAL HOLDINGS LTDAU000000SAR96168838Australia649,779,1871,461,522,3351.0000002.11%  
 RRL ATREGIS RESOURCES LTDAU000000RRL86476542Australia442,116,9901,385,540,4871.0000002.00%  
 IAG UNIAMGOLD CORPCA45091310882149525Canada379,066,1591,292,615,6011.0000001.87%  
 NG UANOVAGOLD RESOURCES INCCA66987E20692206903Canada195,801,7151,282,501,2351.0000001.85%  
 CG CTCENTERRA GOLD INCCA1520061021B01NXQ4Canada155,263,3221,248,520,1251.0000001.80%  
 CEY LNCENTAMIN PLCJE00B5TT1872B5TT187Jersey705,132,7501,173,415,6401.0000001.69%  
 SBM ATST BARBARA LTDAU000000SBM86317072Australia612,660,3931,167,966,5831.0000001.69%  
 EGO UNELDORADO GOLD CORPCA2849025093BHZJ5X8Canada127,044,4671,088,771,0841.0000001.57%  
 OGC CTOCEANAGOLD CORPCA6752221037B1Z7L21Canada429,370,1971,056,349,4731.0000001.52%  
 EDV CTENDEAVOUR MINING CORPKYG3040R1589BDGN4L2Cayman Islands53,863,1791,048,674,5291.0000001.51%  
 OR UNOSISKO GOLD ROYALTIES LTDCA68827L1013BNGZ548Canada78,634,336956,979,8691.0000001.38%  
 ASR CTALACER GOLD CORPCA0106791084B40B271Canada221,012,328870,992,8111.0000001.26%  
 SAND UASANDSTORM GOLD LTDCA80013R2063B84QSS3Canada136,780,459779,648,6171.0000001.13%  
 TXG CTTOREX GOLD RESOURCES INCCA8910546032BD2NKY1Canada54,573,998751,301,5571.0000001.08%  
 CDE UNCOEUR MINING INCUS19210850492208136United States148,849,516744,247,5781.0000001.07%  
AdditionGOR ATGOLD ROAD RESOURCES LTDAU000000GOR5B15F5K1Australia729,474,172667,816,2791.0000000.96%  
 SMF CTSEMAFO INCCA81692210892795371Canada193,984,146661,368,1731.0000000.95%  
 SVM CTSILVERCORP METALS INCCA82835P10362784261Canada158,111,770647,118,2971.0000000.93% Silver
 SA UNSEABRIDGE GOLD INCCA8119161054B00VFP2Canada46,487,576641,063,6661.0000000.93%  
 HL UNHECLA MINING COUS42270410622418601United States318,662,989637,325,9781.0000000.92%  
 MAG UAMAG SILVER CORPCA55903Q1046B01CJZ2Canada54,422,238637,284,4011.0000000.92% Silver
 HOC LNHOCHSCHILD MINING PLCGB00B1FW5029B1FW502United Kingdom250,171,421633,115,0691.0000000.91%  
 1818 HKZHAOJIN MINING INDUSTRY – HCNE1000004R6B1H5082China514,115,338611,889,8231.0000000.88%  
 NGD UANEW GOLD INCCA6445351068B043N83Canada497,920,307602,483,5721.0000000.87%  
 RSG ATRESOLUTE MINING LTDAU000000RSG66410636Australia595,087,258601,919,6031.0000000.87%  
 HGM LNHIGHLAND GOLD MINING LTDGB00323601733236017Jersey192,865,406541,898,1741.0000000.78%  
 WDO CTWESDOME GOLD MINES LTDCA95083R1001B0Y90N5Canada106,910,694513,060,9251.0000000.74%  
 KOZAL TIKOZA ALTIN ISLETMELERI ASTREKOAL00014B3LP189Turkey45,750,000509,040,3341.0000000.73%  
 FSM UNFORTUNA SILVER MINES INCCA3499151080B3BH8J5Canada129,835,367454,423,7831.0000000.66% Silver
 DPM CTDUNDEE PRECIOUS METALS INCCA2652692096B00VD03Canada118,298,791453,630,6571.0000000.65%  
 SLR ATSILVER LAKE RESOURCES LTDAU000000SLR6B28RMY4Australia638,773,275446,799,5491.0000000.64%  
 PRU ATPERSEUS MINING LTDAU000000PRU3B02FBC1Australia946,064,241444,403,0341.0000000.64%  
 MUX UNMCEWEN MINING INCUS58039P1075B7M5FL7United States242,547,311431,734,2141.0000000.62%  
 RMS ATRAMELIUS RESOURCES LTDAU000000RMS46586872Australia526,387,405418,725,3891.0000000.60%  
 CNL CTCONTINENTAL GOLD INCCA21146A1084BZ0W033Canada129,989,560383,962,4811.0000000.55%  
 WGX ATWESTGOLD RESOURCES LTDAU000000WGX6BYVQ673Australia231,344,572368,055,3341.0000000.53%  
 EXK UNENDEAVOUR SILVER CORPCA29258Y1034B018TM7Canada127,852,933324,746,4501.0000000.47% Silver
 OSK CTOSISKO MINING INCCA6882811046BDBCBP7Canada125,669,851312,039,4951.0000000.45%  
 TGZ CTTERANGA GOLD CORPCA8807972044BD1FRN6Canada72,083,135292,831,7481.0000000.42%  
 AR CTARGONAUT GOLD INCCA04016A1012B50H726Canada148,968,931271,479,8851.0000000.39%  
 AMI ATAURELIA METALS LTDAU000000AMI1BN790Y4Australia716,205,476262,758,7791.0000000.38%  
AdditionROXG CTROXGOLD INCCA7798992029B1N9N12Canada281,701,065260,963,0581.0000000.38%  
 CGG CTCHINA GOLD INTERNATIONAL RESCA16890P10362750488Canada241,812,394260,733,9681.0000000.38%  
 GPL UAGREAT PANTHER MINING LTDCA39115V1013B03NNF1Canada292,497,755227,183,0061.0000000.33%  
 GORO UAGOLD RESOURCE CORPUS38068T1051B1DZ912United States58,370,892224,144,2261.0000000.32%  
 NVO CVNOVO RESOURCES CORPCA67010B1022B669XF8Canada114,374,431214,514,4801.0000000.31%  
 PG CTPREMIER GOLD MINES LTDCA74051D1042B1CF5B5Canada136,792,812209,819,2641.0000000.30%  
 GSS UAGOLDEN STAR RESOURCES LTDCA38119T8077BG0DHL0Canada62,054,195192,988,5451.0000000.28%  
AdditionDCN ATDACIAN GOLD LTDAU000000DCN6B8N9RJ7Australia214,961,470175,417,6961.0000000.25%  
 GSV UAGOLD STANDARD VENTURES CORPCA3807381049B0TM868Canada144,192,306129,066,5331.0000000.19%  
 RNX CTROYAL NICKEL CORPCA7803571099B54DHP3Canada422,623,524118,737,0091.0000000.17%  
 2303 HKHENGXING GOLD HOLDING CO LTDKYG4404P1019BMSKVX5Cayman Islands175,750,000110,976,6361.0000000.16%  
 GUY CTGUYANA GOLDFIELDS INCCA4035301080B07J7D1Canada109,975,44185,177,8351.0000000.12%  

https://1drv.ms/x/s!ApSrqPr1bmRtjDMwzG8oC7VB1GBW

Have a great weekend.

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