Commerce Bank Invests Heavily in Boeing
Commerce Bank has acquired a new stake in The Boeing Company (NYSE:BA) worth approximately $12.5 million, according to a recent SEC filing.
The bank purchased 57,747 shares of Boeing's stock during the second quarter.
This is not an isolated instance; several other hedge funds have also bought and sold Boeing shares in recent quarters, with Measured Wealth Private Client Group LLC, Strive Financial Group LLC, CrossGen Wealth LLC, Ares Financial Consulting LLC, and 1 North Wealth Services LLC all acquiring new stakes in the company.
Boeing's stock has been experiencing fluctuations in value, with a one-year low of $176.77 and a one-year high of $254.35.