Profund Advisors LLC Cuts Position in Enel Americas SA (ENIA)

Profund Advisors LLC lessened its holdings in Enel Americas SA (NYSE:ENIA) by 30.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 80,334 shares of the utilities provider’s stock after selling 34,729 shares during the period. Profund Advisors LLC’s holdings in Enel Americas were worth $897,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Amundi Pioneer Asset Management Inc. purchased a new stake in Enel Americas in the fourth quarter worth about $7,415,000. Alliancebernstein L.P. lifted its stake in Enel Americas by 6.1% in the fourth quarter. Alliancebernstein L.P. now owns 2,678,399 shares of the utilities provider’s stock worth $29,918,000 after acquiring an additional 153,890 shares during the period. Itau Unibanco Holding S.A. purchased a new stake in Enel Americas in the fourth quarter worth about $5,159,000. Tower Research Capital LLC TRC lifted its stake in Enel Americas by 104.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 24,795 shares of the utilities provider’s stock worth $277,000 after acquiring an additional 12,667 shares during the period. Finally, UBS Asset Management Americas Inc. lifted its stake in Enel Americas by 15.7% in the fourth quarter. UBS Asset Management Americas Inc. now owns 73,840 shares of the utilities provider’s stock worth $825,000 after acquiring an additional 10,000 shares during the period. Institutional investors and hedge funds own 8.22% of the company’s stock.

Separately, JPMorgan Chase raised shares of Enel Americas from a “neutral” rating to an “overweight” rating in a research report on Thursday, December 14th.

Shares of Enel Americas stock traded up $0.08 during midday trading on Friday, hitting $11.86. The company had a trading volume of 991,770 shares, compared to its average volume of 812,949. Enel Americas SA has a 12-month low of $9.07 and a 12-month high of $12.11.

ILLEGAL ACTIVITY NOTICE: “Profund Advisors LLC Cuts Position in Enel Americas SA (ENIA)” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/04/07/profund-advisors-llc-sells-34729-shares-of-enel-americas-sa-enia.html.

About Enel Americas

Enel Americas SA, formerly Enersis Americas SA, through its subsidiaries and jointly controlled entities, is engaged in the electricity generation, transmission and distribution businesses in Chile, Brazil, Colombia, Peru and Argentina. The Company operates through two segments: Generation and Transmission, and Distribution.

Institutional Ownership by Quarter for Enel Americas (NYSE:ENIA)

Receive News & Ratings for Enel Americas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enel Americas and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply