BlackRock Inc., the third-biggest owner of the embattled Japanese company, indicated in a report to the finance ministry that there’s been a huge increase in the stock it has out on loan. The world’s largest money manager said about 46 million Toshiba shares owned by its units, or about one-fifth of its total stake, are temporarily being held by others.
Category: BlackRock
Profund Advisors LLC Sells 2,050 Shares of Ebix, Inc.
Profund Advisors LLC lowered its stake in Ebix, Inc. by 12.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission . The firm owned 14,553 shares of the company’s stock after selling 2,050 shares during the period.
8 8 Inc. (EGHT) Stake Decreased by New York State Common Retirement Fund
New York State Common Retirement Fund decreased its stake in 8 8 Inc. by 4.9% during the third quarter, Holdings Channel reports. The fund owned 294,901 shares of the company’s stock after selling 15,292 shares during the period.
Globant S.A. (GLOB) Downgraded by Zacks Investment Research
According to Zacks, “Globant S.A. is a technology services provider. The Company provides engineering, design, and innovation services for clients.
Neogen Corporation (NEOG) Position Decreased by Rehmann Capital Advisory Group
Rehmann Capital Advisory Group reduced its position in shares of Neogen Corporation by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission . The fund owned 3,882 shares of the company’s stock after selling 17 shares during the period.
Bank of Montreal Can Sells 306,314 Shares of 8 8 Inc
Bank of Montreal Can reduced its stake in shares of 8 8 Inc by 46.3% during the third quarter, Holdings Channel reports. The institutional investor owned 355,631 shares of the company’s stock after selling 306,314 shares during the period.
BlackRock Cuts Fees on ETFs as Price War Moves to Smart Beta
BlackRock Inc., the world’s largest asset manager, is cutting expenses on six smart beta exchange-traded funds as competition heats up to win investors in a growing market. BlackRock is lowering fees for the ETFs by as much as 20 basis points, according to Securities and Exchange Commission filings.