Concurrent Investment Advisors LLC raised its holdings in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO – Free Report) by 7.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,932 shares of the financial services provider’s stock after purchasing an additional 1,042 shares during the quarter. Concurrent Investment Advisors LLC owned 0.06% of Adams Natural Resources Fund worth $319,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Advisors Asset Management Inc. lifted its position in shares of Adams Natural Resources Fund by 56.9% during the first quarter. Advisors Asset Management Inc. now owns 38,623 shares of the financial services provider’s stock worth $881,000 after purchasing an additional 14,005 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Adams Natural Resources Fund by 23.1% during the first quarter. Cetera Investment Advisers now owns 25,598 shares of the financial services provider’s stock valued at $584,000 after buying an additional 4,802 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Adams Natural Resources Fund by 4.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 62,146 shares of the financial services provider’s stock valued at $1,360,000 after buying an additional 2,370 shares during the period. Penserra Capital Management LLC purchased a new position in shares of Adams Natural Resources Fund during the first quarter valued at $4,695,000. Finally, Adams Diversified Equity Fund Inc. increased its stake in shares of Adams Natural Resources Fund by 2.4% during the first 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. 33.54% of the stock is currently owned by institutional investors.
Adams Natural Resources Fund Trading Up 0.4%
PEO opened at $20.92 on Monday. The business’s 50-day moving average is $21.48 and its two-hundred day moving average is $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 Company 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.
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