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Alyeska Doubles Down on Ivanhoe Electric with Significant Stake Increase

Guavy AI Editorial Team
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JPM
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Alyeska Investment Group L.P. significantly increased its stake in Ivanhoe Electric Inc., acquiring an additional 109,589 shares during the second quarter.

The hedge fund's total position in Ivanhoe Electric now stands at approximately 6,858,654 shares, accounting for about 4.30% of the company's outstanding stock and valued at $65,912,000.

Alyeska Investment Group is not the only institutional investor that has boosted its stake in Ivanhoe Electric recently. JPMorgan Chase & Co., Rhumbline Advisers, Invesco Ltd., Sei Investments Co., and MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. all increased their holdings in the company during the second quarter.

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