BlackRock increases reported stake in MYR Group (NASDAQ: MYRG) to 14.5%
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 2,247,614 shares of MYR Group Inc. This represents 14.5% of the outstanding common stock. BlackRock discloses sole voting power for 2,223,161 shares and sole dispositive power for 2,247,614 shares. The filing notes that iShares Core S&P Small-Cap ETF holds more than 5% of MYR common stock.
Positive
- None.
Negative
- None.
Insights
BlackRock reports a 14.5% stake in MYR Group via 2,247,614 shares.
BlackRock's Schedule 13G/A shows beneficial ownership of 2,247,614 shares with sole voting power over 2,223,161 shares. The filing follows the passive-investor reporting route, indicating aggregation across reporting business units.
Concentration at this level can matter for shareholder votes; the filing also identifies iShares Core S&P Small-Cap ETF as a holder above 5%. Subsequent filings or amendments may update these holdings.