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Institutional Investors Flock to American Express Amid Q2 Surge

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AXP
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American Express Company (NYSE:AXP) has seen significant investment from various institutional investors in the second quarter, according to its most recent SEC filing. Grandfield & Dodd LLC made a new $4.07 million investment by purchasing 12,024 shares of AXP stock.

Other hedge funds that increased their positions in American Express include Flputnam Investment Management Co., Keybank National Association OH, Swiss Life Asset Management Ltd, Peapack Gladstone Financial Corp, and Thames Capital Management LLC.

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