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Kingswood Wealth Advisors LLC Has $2.37 Million Stock Position in BlackRock $BLK
Kingswood Wealth Advisors LLC significantly increased its stake in BlackRock (NYSE:BLK) by 116.2% in Q4, holding 2,218 shares valued at approximately $2.37 million. This move comes as BlackRock reported strong Q1 results, exceeding revenue and EPS expectations with record net inflows and high ETF demand, including its IBIT Bitcoin ETF. Despite positive company performance and analyst upgrades, BlackRock insiders have been net sellers in recent months, with the COO alone divesting over 54,000 shares worth nearly $59 million.