Nations Financial Group Inc. IA ADV Has $1.33 Million Stock Position in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Nations Financial Group Inc. IA ADV decreased its position in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,107 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Nations Financial Group Inc. IA ADV owned about 0.22% of Adams Natural Resources Fund worth $1,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Simplicity Wealth LLC acquired a new position in shares of Adams Natural Resources Fund during the second quarter valued at about $203,000. Whitener Capital Management Inc. increased its holdings in Adams Natural Resources Fund by 3.8% during the 2nd quarter. Whitener Capital Management Inc. now owns 73,947 shares of the financial services provider’s stock worth $1,746,000 after purchasing an additional 2,692 shares in the last quarter. Miracle Mile Advisors LLC purchased a new stake in shares of Adams Natural Resources Fund in the second quarter worth approximately $338,000. Searle & CO. bought a new position in shares of Adams Natural Resources Fund in the second quarter valued at approximately $201,000. Finally, Blue Bell Private Wealth Management LLC boosted its position in shares of Adams Natural Resources Fund by 25.6% during the second quarter. Blue Bell Private Wealth Management LLC now owns 51,918 shares of the financial services provider’s stock valued at $1,226,000 after buying an additional 10,593 shares during the last quarter. Institutional investors and hedge funds own 33.54% of the company’s stock.

Adams Natural Resources Fund Stock Down 0.4 %

Shares of PEO opened at $24.32 on Wednesday. The stock has a 50 day moving average of $23.46 and a 200 day moving average of $23.36. Adams Natural Resources Fund, Inc. has a 12 month low of $19.78 and a 12 month high of $24.51.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. purchased 11,058 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average cost of $22.70 per share, with a total value of $251,016.60. Following the acquisition, the insider now owns 2,837,006 shares of the company’s stock, valued at $64,400,036.20. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders acquired a total of 53,103 shares of company stock valued at $1,204,624 in the last ninety days. 0.06% of the stock is currently owned by insiders.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.