Sii Investments Inc. WI decreased its stake in shares of General American Investors, Inc. (NYSE:GAM) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,295 shares of the investment management company’s stock after selling 787 shares during the period. Sii Investments Inc. WI owned approximately 0.06% of General American Investors worth $527,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GAM. Janney Montgomery Scott LLC bought a new stake in shares of General American Investors during the 2nd quarter valued at about $200,000. Blue Bell Private Wealth Management LLC boosted its stake in shares of General American Investors by 11.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 562,053 shares of the investment management company’s stock valued at $19,307,000 after purchasing an additional 58,875 shares in the last quarter. First Manhattan Co. boosted its stake in shares of General American Investors by 14.8% during the 2nd quarter. First Manhattan Co. now owns 18,812 shares of the investment management company’s stock valued at $646,000 after purchasing an additional 2,420 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of General American Investors by 13.0% during the 2nd quarter. First Trust Advisors LP now owns 51,941 shares of the investment management company’s stock valued at $1,784,000 after purchasing an additional 5,962 shares in the last quarter. Finally, Shaker Financial Services LLC boosted its stake in shares of General American Investors by 23.4% during the 2nd quarter. Shaker Financial Services LLC now owns 179,456 shares of the investment management company’s stock valued at $6,164,000 after purchasing an additional 34,056 shares in the last quarter. 25.74% of the stock is currently owned by hedge funds and other institutional investors.

Shares of General American Investors, Inc. (NYSE:GAM) traded down 0.22% during midday trading on Friday, hitting $36.01. 1,505 shares of the stock were exchanged. The firm has a 50 day moving average of $35.09 and a 200-day moving average of $34.41. The stock has a market cap of $965.46 million, a P/E ratio of 6.35 and a beta of 1.19. General American Investors, Inc. has a 12 month low of $28.72 and a 12 month high of $36.20.

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General American Investors Profile

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Institutional Ownership by Quarter for General American Investors (NYSE:GAM)

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