BlackRock's position in Chipotle Mexican Grill is currently worth $3.14B. That's 0.05% of their equity portfolio (314th largest holding). The investor owns 7.68% of the outstanding Chipotle Mexican Grill stock. The first Chipotle Mexican Grill trade was made in Q4 2020. Since then BlackRock bought shares twelve more times and sold shares on five occasions. The investor's estimated purchase price is $3.38B, resulting in a loss of 7.1%.
The restaurant chain's comps are growing once again.
Americans are on a health and weight-loss kick, and they're increasingly turning to protein to get the most out of what they eat.
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Chipotle (NYSE:CMG | CMG Price Prediction) has had a rough stretch.