Return on funds invested in GameStop in the last two weeks By Reuters

© Reuters.

© Reuters.

(Reuters) – Morgan Stanley (NYSE 🙂 Institutional Small Co. Inception Portfolio was one of the top winners among mutual funds for the past two weeks with exposure to video game retailer GameStop (NYSE :), data from Refinitiv Lipper showed. . Crowds of retail gamblers sent shares in GameStop by more than 2000% last month, prompting some Wall Street hedge funds to lose billions of dollars on their short bets on the shares. The Morgan Stanley fund, which held 346,943 GameStop shares according to the latest filing, gained 23% in the past two weeks, according to the data, which was based on price performance over the past two weeks. The fund’s net assets rose 61% to $ 746.7 million in January, the data showed. Shares of the iShares Micro-Cap ETF and Cambria Shareholder Yield ETF have also gained about 7% each in the last two weeks. Chart: Mutual Fund Winners in the Last Two Weeks https://fingfx.thomsonreuters.com/gfx/mkt/jznvnmykwpl/Gamestop%20funds.jpg GameStop shares are down more than 83.5% in the first four days of this month the retail frenzy faded. Chart: Best results in the last two weeks https://fingfx.thomsonreuters.com/gfx/mkt/ygdpzazdzvw/Gamestop%20losers.jpg

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.