Wilen Investment Management Corp. Lowers stake in Chase Corporation (CCF)

Chase Corporation (CCF) : Wilen Investment Management Corp. reduced its stake in Chase Corporation by 6.12% during the most recent quarter end. The investment management company now holds a total of 225,486 shares of Chase Corporation which is valued at $12,728,685 after selling 14,702 shares in Chase Corporation , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.Chase Corporation makes up approximately 8.41% of Wilen Investment Management Corp.’s portfolio.

Chase Corporation closed down -0.54 points or -0.95% at $56.45 with 13,020 shares getting traded on Friday. Post opening the session at $57.02, the shares hit an intraday low of $56.42 and an intraday high of $57.38 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Denali Advisors sold out all of its stake in CCF during the most recent quarter. The investment firm sold 57 shares of CCF which is valued $3,218.

Chase Corporation (Chase) is a manufacturer of protective materials for high reliability applications. The Company operates in two segments: industrial materials segment and construction materials segment. The industrial materials segment represents its specified products which are used in or integrated into another company’s product with demand dependent upon general economic conditions. The Company’s Industrial Materials segment includes product lines such as wire and cable electronic coatings specialty products pulling and detection electronic materials structural composites and fiber optic cable components. The construction materials segment reflects its construction project oriented product offerings which are primarily sold and used as Chase branded products in final form. Its Construction Materials segment includes product lines such as pipeline bridge and highway coating and lining systems and private label.

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