Two Sigma Buys into American Express with $1.9M Stake

Two Sigma Securities LLC has acquired a new position in shares of American Express Company (NYSE:AXP), according to its most recent 13F filing with the Securities & Exchange Commission.

The firm acquired 5,661 shares of the payment services company's stock, valued at approximately $1,915,000.

This is not the only institutional investor to buy shares of American Express in the second quarter. Evolution Wealth Management Inc. raised its position in shares of the company by 6,600.0% during the 4th quarter and now owns 67 shares of the payment services company's stock valued at $25,000.

American Express has a market cap of $225.31 billion, with a P/E ratio of 20.25 and a beta of 1.04.