Vanguard, BlackRock, And State Street Among Institutional Investors Making Significant Purchases In Trump Media & Technology Group Ahead Of Russell Index Inclusions; Vanguard Acquires 2.9M Shares, BlackRock Buys 2.2M Shares, And State Street Purchases 440K Shares; Other Investors Include Greenwich Wealth Management With 350K Shares And Hudson Bay Capital Adding 52K Shares
Portfolio Pulse from Benzinga Newsdesk
Vanguard, BlackRock, and State Street have made significant purchases in Trump Media & Technology Group ahead of its inclusion in the Russell Index. Vanguard acquired 2.9 million shares, BlackRock bought 2.2 million shares, and State Street purchased 440,000 shares. Other investors include Greenwich Wealth Management with 350,000 shares and Hudson Bay Capital adding 52,000 shares.
August 15, 2024 | 1:59 pm
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POSITIVE IMPACT
BlackRock has acquired 2.2 million shares in Trump Media & Technology Group ahead of its inclusion in the Russell Index.
BlackRock's significant purchase indicates strong institutional confidence in Trump Media & Technology Group, likely boosting BlackRock's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
State Street has purchased 440,000 shares in Trump Media & Technology Group ahead of its inclusion in the Russell Index.
State Street's acquisition reflects a positive outlook on Trump Media & Technology Group, which could positively impact State Street's stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70