Highlights
Institutional investors have adjusted their holdings in FirstEnergy Corp., reflecting portfolio shifts within the utilities sector.
Various firms have increased or reduced their stakes in FirstEnergy during recent quarters.
FirstEnergy continues to be actively traded among institutional funds.
Institutional investors have been adjusting their positions in FirstEnergy Corp. (NYSE:FE), a company operating within the utilities sector. Recent filings indicate changes in holdings by multiple investment firms, showcasing the ongoing activity surrounding the stock.
Apollon Wealth Management LLC added FirstEnergy to its portfolio, acquiring a stake during the third quarter. Similarly, Prime Capital Investment Advisors LLC also initiated a new position in the company. These additions suggest a recalibration of holdings among firms engaged in the utilities industry.
KBC Group NV modified its position in FirstEnergy, reflecting an increase in its total shares. The firm reported additional acquisitions, highlighting an expansion within its portfolio. Alongside this, Metis Global Partners LLC slightly raised its stake in FirstEnergy, further demonstrating the movement within institutional ownership.
CIBC Asset Management Inc recorded an increase in its holdings, acquiring more shares in FirstEnergy over the reporting period. This follows a pattern observed across several institutional investors adjusting their exposure to the utilities provider.
Overall, FirstEnergy remains actively held among institutional funds, with various firms modifying their stakes through acquisitions or reductions. Institutional ownership represents a significant portion of the company’s shareholder base, emphasizing its continued presence in the sector.