UBS Group AG reduced its stake in shares of Headwaters Inc (NYSE:HW) by 52.0% during the first quarter, Holdings Channel reports. The firm owned 5,617 shares of the construction company’s stock after selling 6,088 shares during the period. UBS Group AG’s holdings in Headwaters were worth $132,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Headwaters by 20.7% in the first quarter. JPMorgan Chase & Co. now owns 2,132,905 shares of the construction company’s stock valued at $50,081,000 after buying an additional 365,399 shares during the period. Norges Bank bought a new position in shares of Headwaters during the fourth quarter valued at $13,449,000. State of Alaska Department of Revenue boosted its position in shares of Headwaters by 3.1% in the first quarter. State of Alaska Department of Revenue now owns 8,270 shares of the construction company’s stock valued at $194,000 after buying an additional 250 shares during the period. Karp Capital Management Corp bought a new position in shares of Headwaters during the first quarter valued at $431,000. Finally, NINE MASTS CAPITAL Ltd boosted its position in shares of Headwaters by 50.2% in the first quarter. NINE MASTS CAPITAL Ltd now owns 127,489 shares of the construction company’s stock valued at $2,993,000 after buying an additional 42,589 shares during the period. Institutional investors own 86.77% of the company’s stock.

Shares of Headwaters Inc (HW) traded up 1.93% during trading on Friday, hitting $24.24. The stock had a trading volume of 2,041,121 shares. The stock’s 50-day moving average price is $24.24 and its 200 day moving average price is $23.65. Headwaters Inc has a 1-year low of $16.05 and a 1-year high of $24.25.

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Headwaters Company Profile

Headwaters Incorporated is a building materials company operating in the building products and construction materials sectors. The Company sells building products, such as manufactured architectural stone, siding accessory products, roof products and concrete block. The Company’s operating segments include building products, construction materials and energy technology.

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Institutional Ownership by Quarter for Headwaters (NYSE:HW)

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