Focused Wealth Management Inc Buys Shares of 9,988 Pulse Electronics Corp (OTCMKTS:PULS)
Focused Wealth Management Inc bought a new stake in Pulse Electronics Corp (OTCMKTS:PULS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,988 shares of the company’s stock, valued at approximately $500,000.
A number of other large investors have also recently modified their holdings of the business. Merit Financial Group LLC boosted its holdings in shares of Pulse Electronics by 38.8% in the fourth quarter. Merit Financial Group LLC now owns 22,885 shares of the company’s stock valued at $1,145,000 after buying an additional 6,400 shares during the period. Stifel Financial Corp boosted its holdings in shares of Pulse Electronics by 10.0% in the third quarter. Stifel Financial Corp now owns 133,052 shares of the company’s stock valued at $6,679,000 after buying an additional 12,102 shares during the period. Cetera Advisor Networks LLC acquired a new position in shares of Pulse Electronics in the third quarter valued at approximately $1,494,000. Ifrah Financial Services Inc. acquired a new position in shares of Pulse Electronics in the third quarter valued at approximately $662,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Pulse Electronics in the third quarter valued at approximately $841,000.
Shares of Pulse Electronics stock traded up $0.01 on Tuesday, hitting $50.11. The company had a trading volume of 238,900 shares, compared to its average volume of 305,023. Pulse Electronics Corp has a twelve month low of $49.97 and a twelve month high of $50.19. The stock has a 50-day moving average of $50.07 and a 200-day moving average of $50.10.
Pulse Electronics Corporation (Pulse Electronics) is a global producer of precision-engineered electronic components and modules. The Company operates its business in three segments, which includes Network product group (Network), Power product group (Power) and Wireless product group (Wireless). Its Network products include discrete filter or choke, filtered connectors, inductor or chip inductor, balun, transformer, splitter and diplexer.
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