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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys Shares of Palo Alto Networks
The investment firm purchased a significant stake in the cybersecurity company.
Mar. 17, 2026 at 10:53am
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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the third quarter, acquiring 796,375 shares of the network technology company's stock valued at approximately $162,161,000. This represents approximately 0.12% ownership of Palo Alto Networks.
Why it matters
Palo Alto Networks is a leading cybersecurity firm, providing a range of products and services to protect enterprise networks, clouds, and endpoints. The significant investment by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. signals confidence in the company's growth potential and the continued demand for robust cybersecurity solutions.
The details
According to a recent SEC filing, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased 796,375 shares of Palo Alto Networks, Inc. in the third quarter. This new position represents approximately 0.12% ownership of the network technology company. The shares were valued at around $162,161,000 at the time of the purchase.
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased the Palo Alto Networks shares in the third quarter.
The players
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
An investment firm that purchased a new position in Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
A cybersecurity company that provides a range of products and services to protect enterprise networks, clouds, and endpoints.
The takeaway
The significant investment by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. in Palo Alto Networks highlights the growing demand for robust cybersecurity solutions as businesses and organizations continue to face evolving cyber threats.
