SCHEDULE 13G/A: BlackRock Amends Schedule 13G for iShares, Inc., Reporting Zero Beneficial Ownership

Sentiment:

Beneficial Ownership Report Amendment


BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G for iShares, Inc., indicating that its beneficial ownership of iShares, Inc. common stock is now 0.0% as of January 31, 2025.

Summary

  • BlackRock, Inc. filed an Amendment No. 3 to Schedule 13G concerning its beneficial ownership of Common Stock (CUSIP 46434G830) of iShares, Inc.
  • As of January 31, 2025, BlackRock, Inc. reports 0.0% beneficial ownership of iShares, Inc. common stock.
  • This includes 0 shares with sole voting power, shared voting power, sole dispositive power, or shared dispositive power.
  • The filing notes that various persons have the right to receive dividends or proceeds from the sale of common stock of ISHARES MSCI ITALY ETF, but no single person's interest exceeds five percent of the total outstanding common shares.
  • BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
  • The filing includes an Exhibit 24, which is a Power of Attorney granted by BlackRock, Inc. to several individuals for executing ownership or control-person reporting requirements for compliance purposes.

Sentiment

Score: 5

Explanation: Neutral. This is a routine compliance filing indicating a change in beneficial ownership to zero, which is neither positive nor negative in itself but rather a factual update required by regulations.

Future Outlook

No forward-looking statements or guidance are provided in this compliance filing.

Management Comments

  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

This filing is a routine compliance update for a major institutional investor, BlackRock, regarding its beneficial ownership in iShares, Inc. It reflects standard regulatory reporting practices for large asset managers and does not indicate any specific industry trends or competitive shifts.

Stakeholder Impact

  • Shareholders of iShares, Inc. (or the underlying ETF) are informed of BlackRock's updated beneficial ownership status, which is now 0.0%.

Key Dates

DateDescription
2023-04-30Date of previously revoked Power of Attorney.
2025-01-21Date of execution of the new Power of Attorney by BlackRock, Inc.
2025-01-31Date of event which requires filing of this statement (beneficial ownership snapshot date).
2025-02-07Date of signing of the Schedule 13G by Spencer Fleming.

Keywords

BlackRock, iShares, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Investment Management, Institutional Investor, Compliance

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