Wealthfront Advisers Acquires $12M Worth of Honeywell Aerospace Shares

Wealthfront Advisers LLC has acquired a new position in Honeywell Aerospace (NASDAQ:HONA), according to its most recent Form 13F filing. The fund purchased 54,444 shares of the company's stock, valued at approximately $12,037,000.

This is not an isolated instance; several other large investors also recently made changes to their positions in Honeywell Aerospace. Meeder Asset Management Inc., Bell Investment Advisors Inc., Strategic Wealth Advisors LLC, Mowery & Schoenfeld Wealth Management LLC, and Trifecta Capital Advisors LLC all acquired new stakes in the company during the second quarter.

Honeywell Aerospace's stock price opened at $160.76 on Wednesday, with a market cap of $50.95 billion and a PE ratio of 85.97. The company has a 12-month low of $150.03 and a 12-month high of $297.50.