Cranbrook Wealth Management Exits Position in Ampco-Pittsburgh Corp (AP)

Ampco-Pittsburgh Corp (AP) : Cranbrook Wealth Management has sold out all of its stake in Ampco-Pittsburgh Corp during the most recent quarter, according to the disclosure filed by the company on Aug 2, 2016 with the SEC. The investment management company has sold out 473 shares of Ampco-Pittsburgh Corp which is valued at $5,444.

Other Hedge Funds, Including , Morgan Dempsey Capital Management reduced its stake in AP by selling 4,548 shares or 3.8% in the most recent quarter. The Hedge Fund company now holds 115,263 shares of AP which is valued at $1,522,624. Ampco-Pittsburgh Corp makes up approx 0.50% of Morgan Dempsey Capital Management’s portfolio. Msi Financial Services Inc added AP to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $677.Acadian Asset Management boosted its stake in AP in the latest quarter, The investment management firm added 12,040 additional shares and now holds a total of 58,346 shares of Ampco-Pittsburgh Corp which is valued at $704,236.Strategic Advisors reduced its stake in AP by selling 2,951 shares or 22.08% in the most recent quarter. The Hedge Fund company now holds 10,412 shares of AP which is valued at $125,673. Ampco-Pittsburgh Corp makes up approx 0.07% of Strategic Advisors’s portfolio. Creative Planning added AP to its portfolio by purchasing 800 company shares during the most recent quarter which is valued at $10,312.

Ampco-Pittsburgh Corp closed down -0.08 points or -0.69% at $11.46 with 25,662 shares getting traded on Monday. Post opening the session at $11.65, the shares hit an intraday low of $11.31 and an intraday high of $11.68 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Ampco-Pittsburgh Corporation operates its businesses in two segments: Forged and Cast Engineered Products and Air and Liquid Processing. Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK). Union Electric Steel produces ingot and forged products that service a variety of industries globally. Air and Liquid Processing segment includes Aerofin Buffalo Air Handling and Buffalo Pumps all divisions of Air & Liquid Systems Corporation (Air and Liquid) a wholly owned subsidiary of the Company. Aerofin produces custom-engineered finned tube heat exchange coils and related heat transfer products. Buffalo Air Handling produces custom air handling systems used in commercial institutional and industrial buildings. Buffalo Pumps manufactures a line of centrifugal pumps for the refrigeration power generation and marine defense industries.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *