Wilen Investment Management Corp. buys $1,542,058 stake in Xerium Technologies (XRM)

Xerium Technologies (XRM) : Wilen Investment Management Corp. scooped up 107,932 additional shares in Xerium Technologies during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 198,463 shares of Xerium Technologies which is valued at $1,542,058.Xerium Technologies makes up approximately 0.96% of Wilen Investment Management Corp.’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System sold out all of its stake in XRM during the most recent quarter. The investment firm sold 23,695 shares of XRM which is valued $184,110.Wealthtrust Axiom boosted its stake in XRM in the latest quarter, The investment management firm added 34,600 additional shares and now holds a total of 131,650 shares of Xerium Technologies which is valued at $1,037,402. Xerium Technologies makes up approx 0.39% of Wealthtrust Axiom’s portfolio. Strs Ohio sold out all of its stake in XRM during the most recent quarter. The investment firm sold 108,100 shares of XRM which is valued $851,828.

Xerium Technologies closed down -0.07 points or -0.93% at $7.48 with 55,569 shares getting traded on Monday. Post opening the session at $7.64, the shares hit an intraday low of $7.43 and an intraday high of $7.8 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Xerium Technologies Inc. (Xerium) is a global manufacturer and supplier of two types of consumable products used primarily in the production of paper: machine clothing and roll covers. The Company markets its products through brands such as Huyck Wangner Weavexx Stowe Woodward Mount Hope Robec and Xibe. The Company operates in two segments: machine clothing and roll covers. Its machine clothing segment products include various types of industrial textiles used on paper-making machines and other industrial applications. Through its roll covers segment it manufactures various types of roll covers refurbishes previously installed roll covers provides mechanical services for the internal mechanisms of rolls used on paper-making machines and manufactures spreader rolls. In addition its products are also installed in other industrial applications such as non-woven and fiber cement machines.

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