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Great Lakes Advisors Invests in American Express

Guavy AI Editorial Team
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AXP
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Great Lakes Advisors LLC has taken a position in American Express Company (NYSE:AXP) after purchasing 243,780 shares during the second quarter. This investment is valued at approximately $82,459,000.

The move comes as other institutional investors have also been buying and selling shares of AXP. Flputnam Investment Management Co., for instance, purchased a new position in shares of American Express in the second quarter worth about $12,879,000.

According to MarketBeat's data, hedge funds and other institutional investors own 84.33% of AXP's stock.

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