Jones Financial Invests Heavily in Nike Stock
Jones Financial Companies Lllp has invested $1.97 million in NIKE, Inc. ($NKE) by purchasing 48,016 shares during the second quarter.
This is not an isolated investment; several other hedge funds have also bought and sold shares of NIKE in recent quarters.
J. Stern & Co. LLP significantly increased its position in NIKE's stock, lifting it by 49,010.4% in the fourth quarter.