73% and 10.40%, respectively. With over $7.2 trillion under management globally, and ETFs at competitive rates to help customers achieve their financial objectives cost-effectively. BlackRock, Inc. BlackRock Inc. (BLK) is a global asset management company that controls an estimated $10 trillion in assets as of April 26, 2023. The company primarily focuses on mutual funds and ETFs, including the popular line of iShares ETF products.
BLK owns 416,003,093 Class A shares, representing approximately france whatsapp fan 7.00% of all outstanding Class A shares, and 19,224,377 Class C shares, representing approximately 6.10% of all outstanding Class C shares, according to Fintel. Among other institutional holders, BLK owns about 7.68% of Alphabet’s shares, according to CNN Money. The iShares Core S&P 500 Index (IVV) is BlackRock’s largest ETF, holding an impressive $304 billion in assets under management.
Alphabet (GOOGL and GOOG) stocks make up two of the top 10 holdings at 1.81% and 1.59%, respectively, representing a total of 39 million Alphabet shares that effectively makes BlackRock one of Google’s most prominent institutional investors over recent quarters. BlackRock supports not only major tech companies, but also other businesses across different sectors that meet their investment requirements through value-oriented investments like dividends or share repurchases.
Vanguard primarily provides mutual funds
-
- Posts: 117
- Joined: Sat Dec 28, 2024 3:24 am