Joel Isaacson & Co. LLC decreased its holdings in shares of General American Investors, Inc. (NYSE:GAM – Free Report) by 8.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,336 shares of the investment management company’s stock after selling 1,035 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in General American Investors were worth $635,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC lifted its holdings in shares of General American Investors by 119.8% during the first quarter. CWM LLC now owns 1,321 shares of the investment management company’s stock worth $67,000 after buying an additional 720 shares in the last quarter. Grimes & Company Inc. acquired a new stake in shares of General American Investors during the second quarter worth $202,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of General American Investors during the first quarter worth $303,000. Wolverine Asset Management LLC acquired a new stake in shares of General American Investors during the first quarter worth $338,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of General American Investors by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 10,629 shares of the investment management company’s stock worth $535,000 after buying an additional 301 shares in the last quarter. Institutional investors and hedge funds own 36.85% of the company’s stock.
General American Investors Price Performance
GAM opened at $63.33 on Wednesday. General American Investors, Inc. has a fifty-two week low of $41.80 and a fifty-two week high of $63.75. The stock has a fifty day moving average of $60.18 and a 200-day moving average of $55.53.
General American Investors Profile
General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.
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