Blackrock selling is no surprise.
If you think about it, PPT is now a lower % of the index than it was (say) 12 months ago.
As Blackrock's own products are ETF's which reflect the index/indices, then they should be a seller as PPT's value goes down in order to reflect the new index %.
ETF's therefore give added (sometimes unwarranted) downward momentum to a falling price of a stock to reflect their objectives.
DYOR.
Market Research, page-69
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.56 |
Change
0.910(4.63%) |
Mkt cap ! $2.354B | |||
| Open | High | Low | Value | Volume |
| $20.00 | $20.66 | $19.90 | $32.27M | 1.591M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2289 | $20.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.57 | 6030 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PPT (ASX) Chart |