BlackRock, JP Morgan Align on United Tractors (UNTR) Stock Play

BlackRock, JP Morgan Align on United Tractors (UNTR) Stock Play

Amid rising gold and nickel sales volumes from January to April 2025, BlackRock and JP Morgan have been notably active in purchasing UNTR shares.

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Rabu, 28 Mei 2025 | 21:30

Bisnis.com, JAKARTA — Two giant investors, BlackRock Inc. and JP Morgan Chase & Co., have been actively increasing their stake in Astra Group’s PT United Tractors Tbk. (UNTR).

This uptick in buying activity coincides with the annual rise in UNTR’s gold and nickel sales volumes from January to April 2025, with BlackRock particularly showing strong interest in acquiring more shares.

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