Mirae Asset Global Bumps Up Ownership of Beyond Meat

According to a recent Form 13F filing submitted to the SEC, Mirae Asset Global Investments Company, Ltd. disclosed a noteworthy and bullish investment in BYND stock. Here’s what you need to know about Beyond Meat, Inc., as well as Mirae Asset Global Investments Company and their long position in shares of BYND stock:

About Mirae Asset Global Investments Company, Ltd.

Seoul, South Korea-based Mirae Asset Global Investments Company, Ltd. is a large institutional investment management firm with discretionary assets under management of over $9 billion as of a recent Form ADV, and over $205 billion according to their website. Mirae Asset Global Investments was founded in South Korea and now operates worldwide across 13 major financial markets, where they take a collaborative approach in managing a fully diversified investment platform.

About Beyond Meat, Inc. (BYND)

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.

Mirae Asset Global Investments Buys Stock in Beyond Meat

According to the most recent 13F filed by Mirae Asset Global Investments Company the firm added 7,116 shares of BYND stock to it holdings in the recent quarter. That brings their total long position in Beyond Meat, Inc. to 54,490 shares, representing just a small portion of the 63,667,698 BYND shares outstanding. However, based on the most recent closing price of $11.82 per share of BYND, the entire Mirae Asset Global Investments Company position in Beyond Meat, Inc. is worth roughly $644,071.80.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Mirae Asset Global Investments Company. Also be sure to check out more recent 13F filing analysis news here.