Morningstar (MORN) : Investmentaktiengesellschaft Fuer Langfristige Investoren… has sold out all of its stake in Morningstar during the most recent quarter, according to the disclosure filed by the company on Apr 25, 2016 with the SEC. The investment management company has sold out 5,000 shares of Morningstar which is valued at $416,000.
Morningstar opened for trading at $83.46 and hit $84.21 on the upside on Monday, eventually ending the session at $83.97, with a gain of 0.93% or 0.77 points. The heightened volatility saw the trading volume jump to 89,720 shares. Company has a market cap of $3,603 M.
Other Hedge Funds, Including , American Capital Management Inc boosted its stake in MORN in the latest quarter, The investment management firm added 1,806 additional shares and now holds a total of 198,786 shares of Morningstar which is valued at $16,538,995. Morningstar makes up approx 1.50% of American Capital Management Inc’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in MORN in the latest quarter, The investment management firm added 2,217 additional shares and now holds a total of 2,668 shares of Morningstar which is valued at $224,832.Manning Napier Advisors reduced its stake in MORN by selling 87,930 shares or 42.22% in the most recent quarter. The Hedge Fund company now holds 120,320 shares of MORN which is valued at $10,592,973. Morningstar makes up approx 0.07% of Manning Napier Advisors’s portfolio.Simplex Trading reduced its stake in MORN by selling 29 shares or 29.0% in the most recent quarter. The Hedge Fund company now holds 71 shares of MORN which is valued at $6,251. Contravisory Investment Management added MORN to its portfolio by purchasing 1,538 company shares during the most recent quarter which is valued at $135,406. Morningstar makes up approx 0.04% of Contravisory Investment Management’s portfolio.
Morningstar Inc. is a provider of independent investment research in North America Europe Australia and Asia. The Company offers a line of products and services for financial advisors asset managers retirement plan providers and sponsors and individual investors. In addition to its United States-based products and services it offers local versions of its products designed for investors in Asia Australia Canada Europe Latin America and South Africa. Morningstar serves approximately 250000 financial advisors 1700 asset management firms 24 retirement plan providers 290000 retirement plan sponsors and 9.9 million individual investors. The Company has operations in 27 countries. As of December 31 2014 the Company provided data on approximately 500000 investments including mutual funds stocks exchange-traded funds (ETFs) closed-end funds separate accounts and variable annuities.