October Effect Ltd significantly raised its investment in GE Aerospace during the third quarter, increasing its shares by over 76%. The firm purchased an additional 4,138 shares, bringing its total holdings to 9,565 shares. This makes GE Aerospace the sixth largest position in October Effect Ltd’s portfolio.
The information comes from the company’s latest 13F filing with the U.S. Securities and Exchange Commission, which details institutional investment activities. GE Aerospace is a major player in the aerospace industry and is traded on the New York Stock Exchange under the ticker GE.
Why this matters:
Institutional investors like October Effect Ltd often influence market trends through their buying decisions. A significant increase in shares can signal confidence in the company’s future performance or strategic value within the investor’s portfolio.
Source: NewsData