Top 7 Internet Marketing NewsTop 7 SEO News: FMR holds 15.5% of Google class A stock |
The parent company of mutual-fund giant Fidelity Investments, FMR, holds 15.5 percent of Google’s Class A stock, according to a filing with the SEC.
FMR said it owned more than 5.2 million shares of the Internet search engine’s stock as of Aug. 31.
The Fidelity Growth Company fund (FDGRX: news, chart, profile) owned 5.4 percent of the shares at the end of the month.
Mountain View, Calif.-based Google (GOOG: news, chart, profile) made its widely-anticipated public debut on Aug. 19.
Google stock ended Friday’s session up $3.02, or 3 percent, at $105.33.
Source: CBS Marketwatch
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