Boeing Attracts $9 Million Investment from Prospect Financial Services LLC

Prospect Financial Services LLC has made an investment of $8.97 million in The Boeing Company (NYSE: BA). According to the company's latest Form 13F filing with the Securities & Exchange Commission, Prospect acquired 41,428 shares of Boeing's stock during the second quarter.

The investment represents a significant stake for Prospect Financial Services LLC, making it the company's seventh largest holding. The investment in Boeing accounts for approximately 4.5% of Prospect's portfolio.

Other institutional investors have also modified their holdings of BA, with Vanguard Group Inc. boosting its holdings by 5.1% in the fourth quarter and Alyeska Investment Group L.P. increasing its position by 245.7% during the same period.