Insight Wealth Partners Takes New Stake in Chevron Corporation
Insight Wealth Partners LLC, an investment firm, has taken a new stake in Chevron Corporation (NYSE:CVX) by purchasing approximately $1.38 million worth of shares during the second quarter.
The company bought 8,330 shares of Chevron's stock, which is valued at around $202.75 per share.
This purchase is part of a larger trend of institutional investors increasing their stakes in Chevron, with 72.42% of the stock currently owned by hedge funds and other institutional investors.