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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 23,902 Shares of Intuit Inc.
Institutional investor reduces stake in software maker
Mar. 17, 2026 at 10:53am
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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in shares of Intuit Inc. (NASDAQ:INTU) by 10.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 210,555 shares of the software maker's stock after selling 23,902 shares during the period.
Why it matters
Intuit is a major financial software company, and changes in institutional ownership of its stock can provide insights into market sentiment and expectations around the company's performance.
The details
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. sold 23,902 shares of Intuit stock during the 3rd quarter, reducing its total stake in the company to 210,555 shares. This represented approximately 0.08% of Intuit's outstanding shares at the time. The sale came as Intuit's stock price has fluctuated in recent quarters, with the share price declining from a 52-week high of $813.70.
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in Intuit during the 3rd quarter of 2026.
The players
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
An institutional investor that reduced its stake in Intuit Inc.
Intuit Inc.
A financial software company that offers products such as QuickBooks, TurboTax, and Mint.
The takeaway
This transaction highlights the shifting landscape of institutional ownership in Intuit, a leading financial software provider. While the reasons behind MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s decision to reduce its stake are not explicitly stated, it reflects the broader volatility and uncertainty surrounding Intuit's stock performance in recent quarters.
