Mork Capital Management buys $858,000 stake in A-Mark Precious Metals Inc (AMRK)

A-Mark Precious Metals Inc (AMRK) : Mork Capital Management scooped up 10,000 additional shares in A-Mark Precious Metals Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 50,000 shares of A-Mark Precious Metals Inc which is valued at $858,000.A-Mark Precious Metals Inc makes up approximately 0.68% of Mork Capital Management’s portfolio.

Other Hedge Funds, Including , Susquehanna International Group Llp sold out all of its stake in AMRK during the most recent quarter. The investment firm sold 20,550 shares of AMRK which is valued $352,638.Blackrock Fund Advisors reduced its stake in AMRK by selling 201 shares or 1.78% in the most recent quarter. The Hedge Fund company now holds 11,093 shares of AMRK which is valued at $190,356. Acrospire Investment Management sold out all of its stake in AMRK during the most recent quarter. The investment firm sold 2,439 shares of AMRK which is valued $41,487. Fuller Thaler Asset Management sold out all of its stake in AMRK during the most recent quarter. The investment firm sold 2,500 shares of AMRK which is valued $42,525.

A-Mark Precious Metals Inc opened for trading at $16.98 and hit $17.2108 on the upside on Thursday, eventually ending the session at $17.08, with a gain of 1.24% or 0.21 points. The heightened volatility saw the trading volume jump to 7,965 shares. Company has a market cap of $120 M.

A-Mark Precious Metals Inc. is a precious metals trading company. The Company is a wholesaler of gold silver platinum and palladium bullion and related products including bars wafers grain and coins. The Company also distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers secure storage for bullion and offers complementary products such as consignment customized finance and liquidity programs such as Repo accounts and trade quotes in a range of foreign currencies. The Company’s business units include industrial coin and bar trading finance Collateral Finance Corporation (CFC) Transcontinental Depository Services LLC (TDS) and A-Mark Global Logistics LLC (Logistics). Its customers include mints manufacturers and fabricators refiners coin and bullion dealers e-commerce retailers banks and other financial institutions investors and collectors among others.

Comments (0)

Leave a Reply

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