Quintet Private Bank increases holdings in Kraft Heinz Company shares
1 report, 1 independent
Updated Oct 8
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What happened
Quintet Private Bank Europe S.A. increased its holdings in Kraft Heinz Company shares by 82.0% during the third quarter, according to HoldingsChannel.com, which is reported by themarketsdaily.com. The fund acquired an additional 42,430 shares, bringing its total holdings to 94,149 shares, valued at $2,139,000 at the end of the reporting period.
From themarketsdaily.com
Why it matters
The increase in institutional ownership by Quintet Private Bank, alongside recent buying and selling activity from other funds such as Waverly Advisors LLC and Parkside Financial Bank & Trust, reflects shifting investor sentiment toward Kraft Heinz Company.
From themarketsdaily.com
Who's involved
- Kraft HeinzThe company whose stock Quintet Private Bank increased its stake in.
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The entities involved
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Kraft Heinz
American worldwide food company formed by the merger of Kraft Foods and Heinz