Ameritas Advisory Services LLC Doubles Down on Boeing Stock

Ameritas Advisory Services LLC has increased its stake in Boeing by 68.1% during the second quarter, according to its latest 13F filing with the Securities and Exchange Commission.

The institutional investor now owns 30,801 shares of the aircraft producer's stock after purchasing an additional 12,477 shares during the period. The value of Ameritas Advisory Services LLC's holdings in Boeing was $6,668,000 at the end of the most recent quarter.

This is not the only change to institutional investors' positions in Boeing. Other notable purchases include XML Financial LLC, which increased its stake by 0.5% during the fourth quarter, and B.O.S.S. Retirement Advisors LLC, which boosted its holdings by 1.4% in the first quarter.

The company's stock opened at $212.15 on Tuesday, with a market cap of $167.68 billion and a price-to-earnings ratio of 91.84. Analysts have given Boeing a Moderate Buy rating, with an average price target of $272.58.