BlackRock Shares Gain as NEOS Investment Management Adds Stake
NEOS Investment Management purchased an additional 2,273 shares of BlackRock, bringing its total to 23,402 shares worth $22.5M, while RMG Wealth Management added a new position worth about $25k. BlackRock reported quarterly EPS of $13.91, above the $12.69 estimate, and Bitcoin spot ETFs saw huge inflows as BlackRock took lead. A valuation model raised fair value to $1,320.81 and Barclays increased its target to $1,450.