Large Outflow of Money Witnessed in AMERIPRISE FINANCIAL SERVICES

AMERIPRISE FINANCIAL SERVICES (AMP) : The total money flow in AMERIPRISE FINANCIAL SERVICES (AMP) was negative ($1 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $1.46 million. In comparison, the inflow of money into the stock on upticks was $0.46 million. The uptick to downtick ratio was 0.31. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.14 million. The negative money flow of ($1.14 million) confirms the selling in AMERIPRISE FINANCIAL SERVICES (AMP) on strength. AMERIPRISE FINANCIAL SERVICES (AMP) gained $0.03 at $96.27, a gain of 0.03% over the previous days close. However, the stock registered 5.98% in the week.


Ameriprise Financial, Inc. is up 1.04% in the last 3-month period. Year-to-Date the stock performance stands at -7.52%. Shares of Ameriprise Financial, Inc. rose by 5.62% in the last five trading days and 0.57% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the Director of AMERIPRISE FINANCIAL INC, Greenberg Lon R, had purchased 3,900 shares in a transaction dated on June 29, 2016. The transaction was executed at $88.18 per share with total amount equaling $343,902.

AMERIPRISE FINANCIAL SERVICES (NYSE:AMP): stock turned positive on Monday. Though the stock opened at $96.16, the bulls momentum made the stock top out at $97.02 level for the day. The stock recorded a low of $95.99 and closed the trading day at $96.81, in the green by 0.59%. The total traded volume for the day was 896,420. The stock had closed at $96.24 in the previous days trading.

Ameriprise Financial, Inc. (Ameriprise Financial) is a holding company primarily engaged in business through its subsidiaries. Ameriprise Financial is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in four segments: Advice & Wealth Management, Asset Management, Annuities and Protection. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through advisors. The Asset Management segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle. The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to individual clients. The Protection segment offers a variety of products to address the protection and risk management needs of retail clients.

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