SCHEDULE 13G/A: BlackRock Files Amended Schedule 13G for iShares Trust, Disclosing 0% Beneficial Ownership
Beneficial Ownership Report
BlackRock, Inc. has filed an amended Schedule 13G for iShares Trust, indicating that its beneficial ownership of iShares Trust common stock is 0% as of January 31, 2025.
Summary
- BlackRock, Inc. filed Amendment No. 6 to Schedule 13G concerning iShares Trust Common Stock (CUSIP 46435U796).
- As of January 31, 2025, BlackRock, Inc. reported 0.0% beneficial ownership of iShares Trust's common stock.
- This includes 0 shares with sole voting power, 0 shares with shared voting power, 0 shares with sole dispositive power, and 0 shares with shared dispositive power.
- The filing was made under Rule 13d-1(b), with BlackRock identified as a parent holding company or control person.
- BlackRock 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 updated Power of Attorney, effective January 21, 2025, which authorizes specific individuals to execute various SEC filings on behalf of BlackRock, Inc. and its affiliates.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership. A 0% ownership stake is a factual disclosure and does not inherently convey positive or negative sentiment regarding the issuer or the reporting entity.
Future Outlook
NA
Management Comments
- "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 disclosure for large asset managers like BlackRock, which frequently update their beneficial ownership positions across numerous ETFs and securities. A 0% ownership stake in iShares Trust indicates that BlackRock's various business units, when disaggregated as per SEC guidelines, do not collectively hold a reportable beneficial interest in this specific trust at the time of filing. This is common for large firms managing a vast array of funds and client portfolios, where holdings can fluctuate below reporting thresholds.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Date of previous Power of Attorney that was revoked. |
| 01/21/2025 | Effective date of the new Power of Attorney. |
| 01/31/2025 | Date of event which requires filing of this statement (measurement date for ownership). |
| 02/07/2025 | Date the Schedule 13G was signed by BlackRock, Inc. |
Keywords
BlackRock, iShares Trust, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Management, ETF, Common Stock
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