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BlackRock, Inc. disclose 12.3% ownership in WWE Class A common stock

BlackRock, Inc., an American global investment management corporation based in New York City, disclosed ownership of 5,331,594 WWE Class A Common Stock according to a document filed at the United States Securities and Exchange Commission on January 31.

Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is today the world’s largest asset manager with $5.98 trillion in assets under management as of December 2018. Their purchase in WWE represents 12.3% ownership of Class A WWE stock. BlackRock is the 10th-largest hedge fund by assets under management.

In their previous filing dated January 19, 2018, BlackRock Inc. had reported owning 4,889,363 shares, indicating an increase of 9.04 percent.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

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