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by kasey_junk 1597 days ago
Blackrock and Vanguard own GME because they operate the biggest S&P ETFs and mutual funds.

GME has increased its percentage of the S&P because retail investors have bought the position. Blackrock is not taking a position that a short squeeze is possible they are just reacting to the index.

1 comments

GME isn't in the SPX
They are in sp400 which also makes them a constituent of sp1000.

Further they are in sptmi which massive etfs like vanguards vti & blackrocks itot are benchmarked against st.

Ah sorry - for some reason I thought you said SP500. Should not comment before coffee :(