Kane Investment Management Inc. purchased a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 28,009 shares of the closed-end fund's stock, valued at approximately $566,000.
Several other institutional investors have also made changes to their positions in ADX. Raymond James Financial Inc. acquired a new stake in shares of Adams Diversified Equity Fund during the 4th quarter worth $20,836,000. Bensler LLC increased its stake in Adams Diversified Equity Fund by 19.5% in the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock valued at $14,084,000 after acquiring an additional 113,940 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in Adams Diversified Equity Fund by 353.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 144,314 shares of the closed-end fund's stock worth $2,915,000 after purchasing an additional 112,482 shares during the last quarter. Consolidated Portfolio Review Corp bought a new position in shares of Adams Diversified Equity Fund in the 4th quarter valued at $2,225,000. Finally, World Investment Advisors LLC acquired a new position in shares of Adams Diversified Equity Fund during the 3rd quarter worth $1,642,000. 28.41% of the stock is currently owned by institutional investors.
Adams Diversified Equity Fund Stock Performance
NYSE:ADX traded up $0.16 during trading hours on Friday, hitting $18.16. The company's stock had a trading volume of 136,047 shares, compared to its average volume of 251,231. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.50 and a twelve month high of $22.63. The stock has a fifty day simple moving average of $19.26 and a 200-day simple moving average of $20.46.
Adams Diversified Equity Fund Company Profile
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Free Report)
Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.
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