Howard Financial Boosts Stake in Alphabet Inc Amid Growing Institutional Interest
Howard Financial Services LTD increased its stake in Alphabet Inc (GOOGL) by 19.8% during the second quarter, according to a recent filing with the SEC.
The fund now owns 17,727 shares of Alphabet's stock, which is valued at $6,335,000 as of its most recent SEC filing.
Howard Financial Services LTD acquired an additional 2,927 shares during the period, bringing its total holdings in Alphabet to 17,727 shares.
This move follows a trend of institutional investors increasing their stakes in Alphabet, with NewEdge Wealth LLC boosting its position by 11.8% in the fourth quarter and PFG Investments LLC increasing its holdings by 2.6% during the first quarter.