Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

1st Majority Passively Owned Stock?

FYI: As the debate rages over the role that passive owners like ETFs play in big equity market moves, Tanger Factory Outlet Centers (SKT) is on pace to become the first stock majority owned by passive investors.

According to data from Bloomberg, Tanger Outlets' passive ownership share now stands at 46.85%, 31.5% of which is owned by ETFs:
Regards,
Ted
https://www.etf.com/sections/features-and-news/1st-majority-passively-owned-stock?nopaging=1
Sign In or Register to comment.