IFP Advisors Inc has substantially expanded its position in AECOM according to a new Form 13F filing. Their stake surged by 80.9% in the second quarter, bringing the total to 2,124 shares after acquiring an additional 950.
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IFP Advisors Inc Boosts Position in AECOM $ACM
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Key Takeaways:
- IFP Advisors Inc boosted its AECOM holdings by 80.9% in Q2
- The firm now owns 2,124 shares
- An additional 950 shares were acquired during the quarter
- The move was disclosed in a Form 13F filing with the SEC
- AECOM is a construction company traded under the ticker “ACM”
IFP Advisors’ Q2 Holdings Increase
IFP Advisors Inc, according to its most recent Form 13F filing with the Securities & Exchange Commission, increased its stake in AECOM by a striking 80.9% in the second quarter. The transaction involved acquiring an additional 950 shares, resulting in a total of 2,124 shares of the construction company’s stock.
Why Form 13F Matters
Form 13F is a key filing that reveals how institutional investors and hedge funds adjust their holdings. In IFP Advisors Inc’s case, the filing underscores renewed faith in AECOM and highlights a substantial strategic decision to add nearly 81% more shares to its portfolio.
AECOM at a Glance
AECOM, listed on the New York Stock Exchange under the symbol ACM, is recognized for its broad range of construction services. This new investment update aligns with the construction company’s ongoing prominence in official filings and signals a noteworthy development for those monitoring institutional moves in the sector.
