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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Adobe Inc. Stake
Asset management firm adds 37,438 shares of software company in Q3
Mar. 17, 2026 at 10:53am
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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Adobe Inc. (NASDAQ:ADBE) by 7.4% during the 3rd quarter, according to a recent SEC filing. The fund now owns 546,201 shares of the software company's stock, valued at $192.8 million.
Why it matters
Adobe is a major player in the software industry, and changes in institutional ownership of its stock can provide insight into market sentiment around the company. This increase in holdings by MIRAE ASSET GLOBAL ETFS HOLDINGS suggests the firm sees value in Adobe's business and future prospects.
The details
According to the filing, MIRAE ASSET GLOBAL ETFS HOLDINGS purchased an additional 37,438 shares of Adobe during the 3rd quarter, increasing its total position by 7.4%. The firm now owns 546,201 shares, or 0.13% of Adobe's outstanding stock.
- The increase in MIRAE ASSET GLOBAL ETFS HOLDINGS' Adobe stake occurred during the 3rd quarter of the year.
The players
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
An asset management firm that increased its stake in Adobe Inc. by 7.4% in the 3rd quarter.
Adobe Inc.
A major software company whose stock is held by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
The takeaway
This increase in institutional ownership of Adobe stock by MIRAE ASSET GLOBAL ETFS HOLDINGS suggests the firm sees long-term value in the software company's business and growth prospects, even as the broader market has shown some skepticism around Adobe's transition to AI and leadership changes.
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