Trifecta Capital Invests in L3Harris Technologies Worth Over $4 Million
Trifecta Capital Advisors LLC purchased a new stake in L3Harris Technologies Inc (NYSE:LHX) during the second quarter. The institutional investor bought 16,416 shares of the company's stock, valued at approximately $4,770,000.
This move follows other changes to their positions in LHX made by various institutional investors and hedge funds. Allstate Corp boosted its position in L3Harris Technologies by 106.7% in the fourth quarter, while Swiss National Bank lifted its stake in L3Harris Technologies by 7.1% during the 1st quarter.
L3Harris Technologies Inc has a market capitalization of $54.30 billion and a price-to-earnings ratio of 29.46. The company's fifty day moving average price is $292.85, and its 200 day moving average price is $323.48.