Ranger Investment Management Lowers stake in South State Corporation (SSB)

South State Corporation (SSB) : Ranger Investment Management reduced its stake in South State Corporation by 2.05% during the most recent quarter end. The investment management company now holds a total of 442,967 shares of South State Corporation which is valued at $37,652,195 after selling 9,277 shares in South State Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.South State Corporation makes up approximately 2.62% of Ranger Investment Management’s portfolio.

Other Hedge Funds, Including , D.a. Davidson boosted its stake in SSB in the latest quarter, The investment management firm added 79 additional shares and now holds a total of 1,399 shares of South State Corporation which is valued at $118,915.Alliancebernstein boosted its stake in SSB in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 40,118 shares of South State Corporation which is valued at $3,205,428.Swiss National Bank reduced its stake in SSB by selling 1,400 shares or 3.48% in the most recent quarter. The Hedge Fund company now holds 38,852 shares of SSB which is valued at $2,830,368. Ifp Advisors Inc sold out all of its stake in SSB during the most recent quarter. The investment firm sold 152 shares of SSB which is valued $10,822.

South State Corporation opened for trading at $83.8 and hit $85.3 on the upside on Monday, eventually ending the session at $85.2, with a gain of 1.79% or 1.5 points. The heightened volatility saw the trading volume jump to 74,695 shares. Company has a market cap of $2,063 M.

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