It was essential ETF rebalance. URNM had to purchase certain amounts of uranium shares, most likely BOE, LOT, AGE, BMN to retain the percentage interest it can buy in he associated etf. Both ETFs balance twice yearly. Today was the final day of rebalance from the URNM etf and it can work for or against. In BMN case… for. Research etf rebalancing as it’s important to understand money flows as ETFs control the price.
It was essential ETF rebalance. URNM had to purchase certain...
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Last
$4.58 |
Change
0.270(6.26%) |
Mkt cap ! $700.0M | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.59 | $4.27 | $4.178M | 946.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2514 | $4.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.59 | 975 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$4.55 |
Change
0.270 ( 6.32 %) |
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| Open | High | Low | Volume | ||
| $4.29 | $4.58 | $4.29 | 125758 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| BMN (ASX) Chart |