Stocks
$25 Million Investment from B. Metzler Seeks to Boost American Express Shares
B. Metzler seel. Sohn & Co. AG has invested $25.04 million in American Express Company (NYSE:AXP) shares, according to a recent SEC filing.
The institutional investor acquired 74,028 shares of the payment services company's stock in the second quarter, which is valued at approximately $25,040,000.
Other investors have also made changes to their positions in American Express recently. Evolution Wealth Management Inc., for instance, increased its position by 6,600% during the fourth quarter and now owns 67 shares of the company's stock valued at $25,000.