Curated News
By: NewsRamp Editorial Staff
March 04, 2025
Golden Matrix Group Sees Surge in Institutional Ownership in Q4 2024
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- Institutional ownership of Golden Matrix Group, Inc. (NASDAQ: GMGI) surged in Q4 2024, attracting major investors and new entrants.
- Publicly disclosed data shows increased institutional support for GMGI with notable investors like RHUMBLINE ADVISERS and Goldman Sachs Group Inc.
- The strengthened institutional backing for GMGI signifies confidence in its growth potential, fostering a positive environment for investment and innovation.
- Notable increase in institutional ownership of GMGI attracts attention with major investors like RHUMBLINE ADVISERS and new entrants like Squarepoint Ops LLC.
Impact - Why it Matters
This news highlights the growing support from major institutional investors for Golden Matrix Group, Inc., indicating confidence in the company's future prospects. The increased ownership signifies a positive outlook on GMGI's performance and potential growth trajectory, which could attract more investors and drive further market interest.
Summary
Golden Matrix Group, Inc. (NASDAQ: GMGI) witnessed a notable surge in institutional ownership during Q4 2024, with major investors increasing their positions and new entrants acquiring stakes. RHUMBLINE ADVISERS led the pack with a 391% increase, while GEODE CAPITAL MANAGEMENT, LLC and BlackRock, Inc. also boosted their holdings significantly. The data is publicly accessible on NASDAQ's website.
Source Statement
This curated news summary relied on this press release disributed by Reportable. Read the source press release here, Golden Matrix Group Sees Surge in Institutional Ownership in Q4 2024
