Park Avenue Securities LLC Increases Stake in iShares Trust (FLOT)
Park Avenue Securities LLC grew its position in shares of iShares Trust (BATS:FLOT) by 25.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,752 shares of the company’s stock after acquiring an additional 3,966 shares during the period. iShares Trust accounts for approximately 0.3% of Park Avenue Securities LLC’s investment portfolio, making the stock its 27th biggest holding. Park Avenue Securities LLC’s holdings in iShares Trust were worth $1,005,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in FLOT. Grimes & Company Inc. acquired a new stake in shares of iShares Trust during the 4th quarter valued at about $52,983,000. James Investment Research Inc. lifted its holdings in shares of iShares Trust by 21.2% during the 4th quarter. James Investment Research Inc. now owns 1,185,132 shares of the company’s stock valued at $60,229,000 after buying an additional 207,052 shares during the last quarter. Hudson Capital Management LLC acquired a new stake in shares of iShares Trust during the 4th quarter valued at about $6,869,000. Telemus Capital LLC lifted its holdings in shares of iShares Trust by 75.6% during the 4th quarter. Telemus Capital LLC now owns 276,362 shares of the company’s stock valued at $14,045,000 after buying an additional 118,963 shares during the last quarter. Finally, Astor Investment Management LLC acquired a new stake in shares of iShares Trust during the 4th quarter valued at about $4,038,000.
Shares of iShares Trust (BATS:FLOT) opened at $50.98 on Friday. iShares Trust has a 1-year low of $50.74 and a 1-year high of $51.05.
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