Stocks
AlpenGlobal Takes Stake in American Express Worth Over $7M
AlpenGlobal Capital LLC has acquired a new stake in American Express Company (NYSE:AXP), valued at approximately $7,479,000. The fund purchased 22,111 shares of AXP stock during the second quarter.
This represents 4.8% of AlpenGlobal's portfolio, making AXP its sixth-largest position.
A number of other institutional investors have also increased their stakes in American Express this quarter, including Brighton Jones LLC and Howland Capital Management LLC.