In its most recent Form 13F filing with the Securities and Exchange Commission (SEC), Janney Montgomery Scott LLC disclosed that it had reduced its holdings in Masco Co. (NYSE: MAS) by 22.1% during the third quarter. The corporation finished the period in possession of 31,504 shares of the construction company’s stock, despite having sold 8,916 of the company’s shares. The value of Janney Montgomery Scott LLC holdings in Masco was determined to be $1,471,000 when the most recent fiscal quarter came to a close.
Several other hedge funds have recently implemented various changes to the proportion of the company’s shares that they own. Through the third quarter, Rovin Capital UT ADV was able to amass 9.4% more shares of Masco than it did in the previous quarter. Following the acquisition of an additional 905 shares of the construction company’s stock during the period in question, Rovin Capital UT ADV now has 10,563 shares of said stock. These shares are currently valued at $493,000 at the current market price. During the third quarter, First Interstate Bank achieved a 6.2% increase in the proportion of Masco stock it owned. After making an additional purchase of 2,840 shares during the period in question, First Interstate Bank now has 48,328 shares of the construction company’s stock, which are now valued at $2,257,000. This is because the bank made an additional purchase during the period in question. During the third quarter, Versor Investments LP made a new investment totaling approximately $1,172,000 in Masco. The value of this investment can be expressed as a dollar amount. The Texas Permanent School Fund increased the amount of Masco stock owned by 2.1% during the third quarter of the fiscal year. Following the completion of additional purchases amounting to 632 shares throughout the period above, the Texas Permanent School Fund now holds a total of 31,135 shares of the construction company’s stock, which have an estimated market value of $1,454,000. During the third quarter, Raymond James & Associates increased the amount of Masco stock owned by 26.0 percent, making this the last and most important point. Raymond James & Associates now has 286,084 shares of the construction company’s stock, valued at $13,357,000, after purchasing an additional 58,954 shares of the company’s stock during the period in question. This brings the total number of shares that the firm owns in the company to 286,084. The vast majority (91.