Proof that Vanguard and Blackrock ownership in LWLG are NOT trying to beat the index:
This should finally shut down all those claiming these funds have researched Lightwave or are using practices to manipulate the stock. It won't shut them up though, of course. But for critical thinkers who embrace the TRUTH, here you go:
From Vanguard's own site:
What’s the difference between index and active funds? Index mutual funds & ETFs Index funds are designed to keep pace with market returns because they try to mirror certain market segments.
Actively managed funds Active funds try to beat market returns with investments hand-picked by professional money managers.
Blackrocks 3 largest reported funds are IWM, IWO, and IWC All 3 of these are NOT trying to beat the market - completely PASSIVE: IWM:
iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index).
iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index)
iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index).
There is a reporting discrepancy at fintel for Blackrock as the total of these 3 doesn't add to the total Blackrock reports, but of the specific funds reported, these are the 3 largest, and they are clearly all NOT even trying to beat the market indexes...as such there appears to be NO BASIS for claiming Vanguard or Blackrock are involved in shorting practices with LWLG to boost their returns. It is clear THEY AREN'T EVEN TRYING TO BEAT THE MARKET so they have no need to research or manipulate LWLG.