Mason Industrial Technologies, INC (NYSE: MIT) disclosed in its most recent filing with the Securities and Exchange Commission that Ergoteles LLC increased its holdings in the company during the third quarter.
This information was provided by Mason Industrial Technologies, INC (SEC).
The corporation purchased 41,027 shares of stock in the company at the cost of approximately 402,000 dollars so that it could increase its ownership.
In the most recent report that Ergoteles LLC filed with the Securities and Exchange Commission, the company held Mason Industrial Technologies shares amounting to 0.07% of the total number of outstanding shares. (SEC).
The company has also rebalanced the proportion of its holdings in various other hedge funds.
During the third quarter, the Healthcare of Ontario Pension Plan Trust Fund spent approximately $4,606,000 to acquire additional shares of Mason Industrial Technologies.
This action was taken to increase the fund’s holdings in the company.
During the third quarter, the Bank of Montreal Can accomplish a 3,152.6% increase in the proportion of its holdings allocated to Mason Industrial Technologies.
Bank of Montreal now holds 2,060,000 shares of the company’s stock after making a new purchase of 1,996,667 shares during the most recent period.
The value of Bank of Montreal Can’s entire stock holdings as of this moment is $20,188,000.
The value of Robinson Capital Management LLC’s holdings in Mason Industrial Technologies rose by 48.6% during the third quarter due to the company’s continued ownership of those shares.
It was just recently announced that Robinson Capital Management LLC had acquired an additional 12,000 shares of the company’s stock, bringing its total number to 36,700.
Each share is currently valued at $360.
During the third quarter, Spartan Fund Management INC increased the proportion of its holdings in Mason Industrial Technologies, which is owned by a factor of 50.0%.
The current value of the 300,000 shares of stock that Spartan Fund Management INC possesses corresponds to a total market value of $2,940,000.
This is the result of the company purchasing an additional 100,000 shares during the most recent fiscal quarter to bring its total number of shares to 200,000.
And finally, during the third quarter, GAM Holding AG’s holdings in Mason Industrial Technologies saw a 58.3 percent increase in value. Currently, GAM Holding AG has direct control over 48,894 of the company’s shares of stock.
These shares have a value of $479,000 thanks to purchasing of 18,000 additional shares during the month.
The majority of the company’s stock, or 75.39 percent, is held by institutional investors.
On Friday, shares of NYSE: MIT started trading at $10.14 each when the market opened.
Mason Industrial Technologies, INC hit an all-time low of $9.66 during the preceding 52-week period, while it reached an all-time high of $10.14 during that same period.
The company’s moving average price over the past 200 days is $9.94, while the moving average price over the last fifty days is $10.07.
The number of people contributing to Mason Industrial Technologies, INC’s payroll is on the lower end of the spectrum.
The primary objective of this strategy is to achieve a certain level of success in integrating one or more businesses.
This can be accomplished through a corporate combination analogous to a merger, such as exchanging capital stock, acquiring assets or stock, reorganizing, or purchasing stock.
The company intends to explore potential commercial opportunities in cutting-edge materials, innovative manufacturing methods, and specialized chemical products.
The post Ergoteles LLC purchased 41,027 shares of Mason Industrial Technology, Inc. (NYSE:MIT). appeared first on Best Stocks.
