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Banking & Finance

Everett Harris & Co. CA Makes New $4.44 Million Investment in BlackRock $BLK

·15 Aug
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Everett Harris & Co. CA has made a new $4.44 million investment in BlackRock (NYSE:BLK) by acquiring 4,622 shares in the second quarter. This move comes as BlackRock continues to see significant institutional interest, with 80.69% of its stock owned by hedge funds and other institutional investors. The article also highlights positive sentiment around BlackRock's involvement in AI infrastructure financing and its growing assets under management, alongside concerns regarding intensifying ETF competition and a securities investigation.

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