Why These 5 Stocks Were in the Spotlight This Week

2. BlackRock, Inc. (NYSE:BLK)

Number of Hedge Fund Holders: 50

BlackRock, Inc. (NYSE:BLK) fell almost 7% this week due to the market decline. BlackRock, Inc. (NYSE:BLK)’s earnings might not do as well if markets decline because its AUM could have a harder time increasing. The financial institution also trended after Reuters reported BlackRock plans to reduce leverage in its liability-drive investment funds amid the U.K. pension crisis. Shares of BlackRock, Inc. (NYSE:BLK) are down 40% year to date.