The trading volume of some small-cap exchange-traded funds is so large that it is having an outsize effect on the value of some small company shares, The Wall Street Journal reports. In fact, three ETFs are having a tremendous impact on some of the stocks in the Russell 2000. “To the extend that the ETF is a larger presence in small-cap stocks, there’s at least a chance that they’re going to be able to move stock prices one way or the other,” explains Curtis Jenson, manager of the Third Avenue Small-Cap Value Fund.The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
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