Stratos Wealth Partners LTD. maintained its stake in shares of General American Investors, Inc. (NYSE:GAM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,950 shares of the investment management company’s stock at the end of the second quarter. Stratos Wealth Partners LTD.’s holdings in General American Investors were worth $445,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the company. First Manhattan Co. raised its position in General American Investors by 14.8% in the second quarter. First Manhattan Co. now owns 18,812 shares of the investment management company’s stock worth $646,000 after buying an additional 2,420 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its stake in shares of General American Investors by 11.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 562,053 shares of the investment management company’s stock valued at $19,307,000 after buying an additional 58,875 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of General American Investors during the second quarter valued at $200,000. Hedge funds and other institutional investors own 27.01% of the company’s stock.
General American Investors, Inc. (NYSE GAM) traded down 0.3593% during trading on Friday, hitting $33.9127. 31,322 shares of the stock were exchanged. General American Investors, Inc. has a 12-month low of $28.72 and a 12-month high of $35.40. The stock’s 50-day moving average price is $34.76 and its 200-day moving average price is $33.96. The firm has a market cap of $909.23 million, a PE ratio of 5.9842 and a beta of 1.19.
About General American Investors
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