Lmcg Investments Reduces Holdings in AES Corporation Shares
1 report, 1 independent
Updated Oct 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Lmcg Investments LLC reduced its shares in AES Corporation by 32.4% during the third quarter, according to a recent SEC disclosure. The firm sold 159,576 shares, leaving its holdings valued at $4,957,000. This sale occurred while other institutional investors were actively trading AES Corporation shares in the second quarter.
From themarketsdaily.com
Why it matters
The reduction in holdings by Lmcg Investments LLC is part of a broader trend of institutional investment in AES Corporation. For instance, BlackRock purchased a new stake in AES Corporation during the second quarter valued at $722,429,000.
From themarketsdaily.com
Who's involved
- AES CorporationAmerican utility and power company whose shares were traded
- BlackRockAmerican multinational investment management corporation that purchased a stake in AES Corporation in the second quarter
Keep exploring
The entities involved
-
AES Corporation
American utility and power company
Nothing else this week.