Sowell Financial Services LLC Has $174,000 Stock Position in BRAEMAR HOTELS & RESORTS INC. $BHR

Key Takeaways:

• Sowell Financial Services LLC boosted its holdings in Braemar Hotels & Resorts by 12.8%.
• An additional 8,055 shares were purchased in the second quarter.
• The total number of shares owned by Sowell now stands at 71,171.
• The position is valued at $174,000.
• This data comes from recent reports on institutional investing activity in Braemar Hotels & Resorts.

Background on Sowell Financial Services LLC’s Holdings

Sowell Financial Services LLC, an institutional investor, recently increased its involvement in Braemar Hotels & Resorts Inc. (NYSE: BHR). Evidence from holdings data shows that the firm made this move in the second quarter of the year.

The Growth of Braemar Hotels & Resorts Stock Position

During that quarter, Sowell Financial Services LLC grew its stake by 12.8%. This increase came through the purchase of an additional 8,055 shares, a notable step in the overall performance of the institutional investor’s portfolio.

Investment Scale and Value

With these newly acquired shares, Sowell Financial Services LLC now holds 71,171 shares of Braemar Hotels & Resorts. The total value of this position stands at $174,000, emphasizing the firm’s tangible commitment to this hospitality-focused stock.

Institutional Moves in Perspective

The action by Sowell Financial Services LLC signals a continued interest in Braemar Hotels & Resorts. While further insights on the company’s stock performance extend beyond the scope of this update, the reported acquisition illustrates how institutional investors can shape the market through strategic share purchases.