Advisory Resource Group Invests $5.87 Million in Pulse Electronics Corp (OTCMKTS:PULS)
Advisory Resource Group purchased a new stake in Pulse Electronics Corp (OTCMKTS:PULS) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 117,137 shares of the company’s stock, valued at approximately $5,868,000. Pulse Electronics accounts for 3.3% of Advisory Resource Group’s investment portfolio, making the stock its 8th largest holding.
Other large investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new stake in shares of Pulse Electronics in the fourth quarter valued at about $245,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Pulse Electronics in the first quarter valued at about $347,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Pulse Electronics by 46.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 18,835 shares of the company’s stock valued at $940,000 after acquiring an additional 5,965 shares during the last quarter. LPL Financial LLC increased its position in shares of Pulse Electronics by 105.9% in the fourth quarter. LPL Financial LLC now owns 21,659 shares of the company’s stock valued at $1,081,000 after acquiring an additional 11,139 shares during the last quarter. Finally, Raymond James & Associates acquired a new stake in shares of Pulse Electronics in the fourth quarter valued at about $1,287,000.
OTCMKTS:PULS opened at $50.09 on Monday. Pulse Electronics Corp has a 52-week low of $49.88 and a 52-week high of $51.00.
About Pulse Electronics
Pulse Electronics Corporation (Pulse Electronics) is a global producer of precision-engineered electronic components and modules. The Company operates its business in three segments, which includes Network product group (Network), Power product group (Power) and Wireless product group (Wireless). Its Network products include discrete filter or choke, filtered connectors, inductor or chip inductor, balun, transformer, splitter and diplexer.
See Also: Initial Public Offering (IPO)
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