ASR Vermogensbeheer N.V. Takes Position in Freeport-McMoRan Inc. (NYSE:FCX)
ASR Vermogensbeheer N.V. bought a new stake in shares of Freeport-McMoRan Inc. (NYSE:FCX[1] - Free Report[2]) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 189,746 shares of the natural resource company's stock, valued at approximately £7,184,000. Other institutional investors have also recently modified their holdings of the company.
Stratos Investment Management LLC increased its stake in shares of Freeport-McMoRan by 238.5% in the 1st quarter. Stratos Investment Management LLC now owns 64,519 shares of the natural resource company's stock valued at £2,443,000 after purchasing an additional 45,458 shares during the last quarter. Community Bank N.A. increased its stake in shares of Freeport-McMoRan by 18.5% in the 1st quarter.
Community Bank N.A. now owns 39,571 shares of the natural resource company's stock valued at £1,498,000 after purchasing an additional 6,188 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Freeport-McMoRan by 2.2% in the 1st quarter. Arizona State Retirement System now owns 421,469 shares of the natural resource company's stock valued at £15,957,000 after purchasing an additional 8,989 shares during the last quarter.
Financial Sense Advisors Inc. increased its stake in shares of Freeport-McMoRan by 527.9% in the 1st quarter. Financial Sense Advisors Inc. now owns 76,127 shares of the natural resource company's stock valued at £2,882,000 after purchasing an additional 64,003 shares during the last quarter. Finally, Anderson Hoagland & Co. increased its stake in shares of Freeport-McMoRan by 27.6% in the 1st quarter.
Anderson Hoagland & Co. now owns 109,565 shares of the natural resource company's stock valued at £4,148,000 after purchasing an additional 23,695 shares during the last quarter.
80.77% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, CAO Ellie L. Mikes sold 8,584 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of £40.02, for a total transaction of £343,531.68.
Following the transaction, the chief accounting officer owned 48,333 shares in the company, valued at approximately £1,934,286.66. This represents a 15.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link[3].
Insiders own 0.75% of the company's stock.