XpresSpa Group Inc (XSPA)

[postyle]

As I posted back in February:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96778577

After buying Barclays' assets three or so years ago now, Blackrock is now the largest asset manager in the world. It goes without saying that Blackrock is a major passive institutional investor. They own iShares, which includes several large Russell 2000 variations -- and other indices -- all of which VRNG is now a part of. Although Blackrock is historically considered an active asset manager, the Barclays assets are major passive index-tracking vehicles.

As I have stated for the umpteenth time -- when we occasionally see these large filings from investment managers like Blackrock, Vanguard, etc. -- what is being reported is related mainly to passive asset management and this time is no different. This is not some big news...