Corient Private Wealth LP Takes $106.75 Million Position in Boeing

Corient Private Wealth LP has taken a significant position in Boeing (NYSE:BA), purchasing 493,154 shares of the aircraft producer's stock for approximately $106.75 million.

This new stake makes Corient Private Wealth LP one of the largest shareholders of Boeing, owning 0.06% of the company's outstanding shares at the end of the second quarter.

This is not an isolated move, as several other institutional investors and hedge funds have also recently bought and sold shares of Boeing.