Large Inflow of Money Witnessed in BlackRock

BlackRock (NYSE:BLK) witnessed a selling pressure and the shares last traded with a loss of -0.43 points or -0.12% at $348. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $10.5 million with an inflow of $33.85 million in upticks and an outflow of $23.35 million in downticks. Using the data, the up/down ratio is found to be 1.45. The share price has recorded 1.79% on a weekly basis.A block trade of $8.98 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $8.98, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 1.7% and the 50-Day Moving Average is 1.62%. The company shares have dropped 3.25% in the past 52 Weeks. On April 27, 2016 The shares registered one year high of $369.33 and one year low was seen on August 24, 2015 at $275. The 50-day moving average is $354.41 and the 200 day moving average is recorded at $334.81. S&P 500 has rallied 1.93% during the last 52-weeks.

BlackRock (NYSE:BLK): The stock opened at $349.11 on Tuesday but the bulls could not build on the opening and the stock topped out at $350.59 for the day. The stock traded down to $346.51 during the day, due to lack of any buying support eventually closed down at $348.00 with a loss of -0.12% for the day. The stock had closed at $348.43 on the previous day. The total traded volume was 343,241 shares.

Currently the company Insiders own 2.2% of BlackRock shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.07% . Institutional Investors own 88.07% of BlackRock shares. During last six month period, the net percent change held by insiders has seen a change of -4.25%. On the companys insider trading activities, The director, of Blackrock Inc., Wagner Susan had unloaded 8,665 shares at $365.39 per share in a transaction on June 1, 2016. The total value of transaction was $3,166,104. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

BlackRock, Inc. is an investment management firm. The Company provides investment and risk management services to institutional and retail clients across the world. Its product offerings include single- and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. Products are offered directly and through intermediaries in a variety of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. The Company also offers its BlackRock Solutions investment and risk management technology platform, Aladdin, risk analytics and advisory services and solutions. It has $4.65 trillion of assets under management at December 31, 2014.

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