Mirae Asset Global ETFs Increases Uber Stake by 29%

Institutional investor now owns over 1.5 million shares of the ride-hailing company

Mar. 17, 2026 at 10:53am by Ben Kaplan

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According to a recent SEC filing, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 29.3% in the 3rd quarter. The institutional investor now owns 1,582,870 shares of the ride-sharing company's stock, worth approximately $155 million.

Why it matters

Uber is a major player in the ride-hailing industry, and institutional investors like MIRAE ASSET GLOBAL ETFS HOLDINGS increasing their stakes can be seen as a vote of confidence in the company's long-term prospects. This news highlights the ongoing interest from large investors in Uber's business model and growth potential.

The details

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added 359,116 shares to its Uber position during the 3rd quarter, bringing its total ownership to about 0.08% of the company's outstanding stock. The filing shows the institutional investor believes Uber's stock is undervalued and has room for further growth.

  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Uber in the 3rd quarter of 2026.

The players

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

An institutional investor that owns a stake in Uber Technologies, Inc.

Uber Technologies, Inc.

A technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers.

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The takeaway

Uber's ability to attract increased investment from major institutional players like MIRAE ASSET GLOBAL ETFS HOLDINGS suggests the company's long-term growth prospects remain strong, despite some recent market volatility.