Adams Natural Resources Fund, Inc. $PEO Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its position in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 7.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 14,932 shares of the financial services provider’s stock after acquiring an additional 1,042 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Adams Natural Resources Fund were worth $319,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PFG Investments LLC purchased a new stake in Adams Natural Resources Fund in the 1st quarter valued at about $327,000. Adams Diversified Equity Fund Inc. raised its holdings in Adams Natural Resources Fund by 2.4% in the 1st quarter. Adams Diversified Equity Fund Inc. now owns 2,396,247 shares of the financial services provider’s stock valued at $54,658,000 after buying an additional 55,314 shares during the period. Joel Isaacson & Co. LLC purchased a new stake in Adams Natural Resources Fund in the 1st quarter valued at about $254,000. D.A. Davidson & CO. grew its position in Adams Natural Resources Fund by 1.4% in the 1st quarter. D.A. Davidson & CO. now owns 64,895 shares of the financial services provider’s stock valued at $1,480,000 after acquiring an additional 921 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new position in Adams Natural Resources Fund in the 1st quarter valued at about $4,695,000. Institutional investors and hedge funds own 33.54% of the company’s stock.

Adams Natural Resources Fund Stock Up 0.4%

NYSE PEO opened at $20.92 on Monday. The stock has a 50-day moving average of $21.48 and a two-hundred day moving average of $21.07. Adams Natural Resources Fund, Inc. has a 1-year low of $18.34 and a 1-year high of $24.79.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.