Aris Mining Attracts More Institutional Investors Amid Market Fluctuations
Cetera Investment Advisers has taken a significant position in Aris Mining Co. (NYSE:ARIS), acquiring 95,616 shares valued at $1,770,000 during the first quarter.
The firm's stake is just one of several new investments made by institutional investors, with Swiss National Bank purchasing a new stake worth approximately $6,688,000 and PNC Financial Services Group Inc. buying in for around $45,000.
Aris Mining has seen its stock price fluctuate throughout the year, with shares opening at $17.08 on Tuesday and a current market cap of $3.53 billion.