ProShare Advisors LLC purchased a new stake in AssetMark Financial Holdings, Inc. (NYSE:AMK – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,152 shares of the company’s stock, valued at approximately $351,000.
A number of other large investors also recently made changes to their positions in the stock. Principal Financial Group Inc. lifted its stake in shares of AssetMark Financial by 8.9% in the 2nd quarter. Principal Financial Group Inc. now owns 13,770 shares of the company’s stock valued at $476,000 after purchasing an additional 1,124 shares during the period. Acadian Asset Management LLC lifted its stake in shares of AssetMark Financial by 6,360.0% in the 1st quarter. Acadian Asset Management LLC now owns 2,584 shares of the company’s stock valued at $91,000 after purchasing an additional 2,544 shares during the period. American Century Companies Inc. lifted its stake in shares of AssetMark Financial by 18.8% in the 2nd quarter. American Century Companies Inc. now owns 23,385 shares of the company’s stock valued at $808,000 after purchasing an additional 3,700 shares during the period. Quadrature Capital Ltd lifted its stake in shares of AssetMark Financial by 57.3% in the 1st quarter. Quadrature Capital Ltd now owns 12,790 shares of the company’s stock valued at $452,000 after purchasing an additional 4,660 shares during the period. Finally, Los Angeles Capital Management LLC lifted its stake in shares of AssetMark Financial by 14.1% in the 2nd quarter. Los Angeles Capital Management LLC now owns 43,245 shares of the company’s stock valued at $1,494,000 after purchasing an additional 5,336 shares during the period. Institutional investors and hedge funds own 28.64% of the company’s stock.
AssetMark Financial Price Performance
AMK opened at $35.24 on Thursday. AssetMark Financial Holdings, Inc. has a 12 month low of $22.92 and a 12 month high of $37.54. The company has a fifty day simple moving average of $35.01 and a 200 day simple moving average of $34.72. The stock has a market cap of $2.62 billion, a P/E ratio of 18.45 and a beta of 1.10.
AssetMark Financial Company Profile
AssetMark Financial Holdings, Inc, together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel.
Read More
- Five stocks we like better than AssetMark Financial
- Ride Out The Recession With These Dividend Kings
- S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
- How to Use the MarketBeat Excel Dividend Calculator
- Nike’s Post-Earnings Drop Presents a Buying Opportunity
- What is a Secondary Public Offering? What Investors Need to Know
- Microsoft’s Targeted Upside Might Be Too Good to Ignore
Want to see what other hedge funds are holding AMK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AssetMark Financial Holdings, Inc. (NYSE:AMK – Free Report).
Receive News & Ratings for AssetMark Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AssetMark Financial and related companies with MarketBeat.com's FREE daily email newsletter.