Janney Montgomery Scott LLC lowered its stake in Prudential Financial during the second quarter, selling over 14,000 shares. This 8.8% reduction leaves the firm with a total of 146,883 shares according to its most recent SEC filing.
First County Bank CT reduced its holdings in Walmart Inc. by 7.7%, selling 444 shares in the second quarter. Despite the decrease, the institutional investor still retains 5,317 shares worth about $520,000.
Cranbrook Wealth Management LLC has revealed an increase in its stake in Costco Wholesale Corporation, totaling $131,000 in value. According to its latest SEC filing, the firm boosted its holdings by 17.9% and now owns 132 shares in the retail giant.
Westfuller Advisors LLC has acquired more than 11,000 shares of Starbucks, revealing a sizeable position now worth about $1 million. The recent transaction highlights continuing institutional interest in one of the world’s most recognized coffee chains.
StubHub made its public entrance on the New York Stock Exchange this Wednesday, with shares quickly reaching beyond the $25 mark. The online ticket retailer’s highly anticipated IPO attracted the attention of both investors and industry observers.
Chesley Taft & Associates LLC recently increased its position in T-Mobile US, Inc. during the second quarter, adding 127 shares for a total of 26,429. The move represents a 0.5% boost in the firm’s T-Mobile holdings, underscoring continued investor confidence in the wireless provider.
U.S. stocks moved higher on September 15, 2025, as the Dow edged up and the S&P 500 and Nasdaq reached record levels. Investor optimism grew after President Trump suggested that trade discussions with China were on a positive track, with an upcoming Federal Reserve meeting also in view.
The Dow Jones Industrial Average soared to an all-time high on Thursday, surpassing the 46,000 mark and closing at 46,108. Investors showed optimism as August inflation data aligned with forecasts, raising expectations of a Federal Reserve rate cut in September.
Trexquant Investment LP acquired nearly 70,000 shares of Mister Car Wash, Inc. (NYSE:MCW) during the first quarter, according to its latest SEC filing. The purchase, valued at around $550,000, underscores growing institutional interest in the national car wash chain.
With the Federal Reserve’s September meeting on the horizon, many analysts are debating whether the central bank’s moves will spark a stock market rally. However, Mark Hulbert of MarketWatch cautions that rate cuts don’t always translate into gains, urging investors to temper their expectations.