Ieq Capital LLC Buys into Honeywell Aerospace for $7.55 Million

Ieq Capital LLC has made a new investment in Honeywell Aerospace (NASDAQ:HONA), purchasing approximately $7.55 million worth of shares, according to its most recent 13F filing with the Securities and Exchange Commission.

The institutional investor bought 34,173 shares of the company's stock in the second quarter, joining other investors who have also added to or reduced their stakes in HONA this period.

Honeywell Aerospace has seen a significant price fluctuation over the past year, with its stock reaching as high as $297.50 and dipping down to $150.03. The company's market capitalization is currently at $52.21 billion, and its P/E ratio stands at 88.09.