Institutional Investors Adjust Holdings in Curtiss-Wright Corporation Shares
What happened
During the third quarter, TD Waterhouse Canada Inc. trimmed its position in Curtiss-Wright Corporation shares by 63.3% after selling 71,642 shares. Other large investors also made changes; BlackRock Inc. acquired a new position in the second quarter, valued at $3.448 billion. Primecap Management Co. CA, Bank of New York Mellon Corp, and William Blair Investment Management LLC also purchased new stakes in the second quarter. First Trust Advisors LP grew its stake by 19.9% in the first quarter.
From dailypolitical.com
Why it matters
These shifts in institutional ownership reflect changes in market sentiment regarding Curtiss-Wright Corporation. As Curtiss-Wright functions as a key supplier to Boeing, changes in its valuation could affect its position within the supplier network.
From dailypolitical.com
Who's involved
- Curtiss-WrightAerospace company whose stock transactions were reported
- BoeingMajor customer of Curtiss-Wright, integrating its components into aircraft
- SECGovernment agency that receives mandatory regulatory filings concerning share ownership
- Securities and Exchange CommissionGovernment agency that provides regulatory oversight for Curtiss-Wright
- Morgan StanleyInvestment bank that provides coverage and analyst reports for Curtiss-Wright
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The entities involved
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Curtiss-Wright
aircraft manufacturer in the United States