Bovie Medical Co. (BVX) Stake Raised by RTW Investments LP
RTW Investments LP grew its position in Bovie Medical Co. (NYSEAMERICAN:BVX) by 7.0% during the 4th quarter, HoldingsChannel reports. The firm owned 2,391,898 shares of the medical device company’s stock after purchasing an additional 156,351 shares during the quarter. Bovie Medical makes up about 1.4% of RTW Investments LP’s investment portfolio, making the stock its 22nd biggest position. RTW Investments LP owned approximately 0.07% of Bovie Medical worth $15,500,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of BVX. Wells Fargo & Company MN raised its holdings in shares of Bovie Medical by 178.6% in the third quarter. Wells Fargo & Company MN now owns 211,854 shares of the medical device company’s stock valued at $1,505,000 after buying an additional 135,822 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Bovie Medical by 35.5% in the third quarter. JPMorgan Chase & Co. now owns 123,064 shares of the medical device company’s stock valued at $874,000 after buying an additional 32,228 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Bovie Medical in the third quarter valued at about $107,000. BlackRock Inc. raised its holdings in shares of Bovie Medical by 265.8% in the third quarter. BlackRock Inc. now owns 391,284 shares of the medical device company’s stock valued at $2,778,000 after buying an additional 284,323 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Bovie Medical in the third quarter valued at about $148,000.
Shares of Bovie Medical stock remained flat at $$6.48 during trading on Monday. Bovie Medical Co. has a 52-week low of $2.28 and a 52-week high of $7.70.
Bovie Medical Profile
Bovie Medical Corporation, a medical device company, develops, manufactures, and markets electrosurgical devices and technologies, and related medical products used in doctor's offices, surgery centers, and hospitals worldwide. The company provides electrosurgical products, including desiccators, generators, electrodes, electrosurgical pencils, and various ancillary disposable products used during surgical procedures in gynecology, urology, plastic surgery, dermatology, veterinary, and other surgical markets for the cutting and coagulation of tissue.
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