Alberta Investment Management Corp Increases Position in BlackRock $BLK

Alberta Investment Management Corp significantly increased its stake in BlackRock by 317.9% in the fourth quarter, bringing its holding to 16,300 shares valued at $17.4 million. Several other institutional investors also increased or initiated positions in BlackRock, with institutional investors now owning 80.69% of the stock. BlackRock continues to attract investment due to its strong business momentum, recent earnings beat, quarterly dividend, and new crypto-focused ETF launches.