Large Outflow of Money Witnessed in BlackRock

BlackRock (BLK) : The total money flow in BlackRock (BLK) was negative ($13.66 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $52.32 million. Transactions on upticks were comparatively lower at $38.67 million. The uptick to downtick ratio was 0.74. The total block trades on downticks were valued at $13.21 million. The money flow during block trades was negative ($13.21 million) when the stock traded with a gain of $93 cent. BlackRock (BLK) was $357.78, an increase of 0.26% over the previous days close.


BlackRock, Inc. is up 0.57% in the last 3-month period. Year-to-Date the stock performance stands at 6.48%. Shares of BlackRock, Inc. rose by 2.96% in the last five trading days and 5.4% for the last 4 weeks. In a related news, Wagner Susan, director of Blackrock Inc., unloaded 8,665 shares at an average price of $365.39 on June 1, 2016. The total amount of the transaction was worth $3,166,104, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

BlackRock (NYSE:BLK): stock turned positive on Monday. Though the stock opened at $357.56, the bulls momentum made the stock top out at $359.69 level for the day. The stock recorded a low of $356.8 and closed the trading day at $357.78, in the green by 0.26%. The total traded volume for the day was 448,442. The stock had closed at $356.85 in the previous days trading.

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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