Piper Jaffray adds Pro-Dex Inc (PDEX) to its portfolio

Pro-Dex Inc (PDEX) : Piper Jaffray added new position in Pro-Dex Inc during the most recent quarter end. The investment management firm now holds 973 shares of Pro-Dex Inc which is valued at $4,661 , the company said in a statement filed on Aug 15, 2016 with the SEC.Pro-Dex Inc makes up approximately 0.13% of Piper Jaffray’s portfolio.

Other Hedge Funds, Including , Walleye Trading added PDEX to its portfolio by purchasing 1,400 company shares during the most recent quarter which is valued at $6,706. Tower Research Capital (trc) added PDEX to its portfolio by purchasing 676 company shares during the most recent quarter which is valued at $3,238.Blackrock Fund Advisors boosted its stake in PDEX in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 556 shares of Pro-Dex Inc which is valued at $2,663.Thompson Davis boosted its stake in PDEX in the latest quarter, The investment management firm added 5,429 additional shares and now holds a total of 63,450 shares of Pro-Dex Inc which is valued at $292,505. Pro-Dex Inc makes up approx 0.45% of Thompson Davis’s portfolio. Acrospire Investment Management added PDEX to its portfolio by purchasing 2,540 company shares during the most recent quarter which is valued at $11,709. Pro-Dex Inc makes up approx 0.01% of Acrospire Investment Management’s portfolio.

Pro-Dex Inc closed down -0.1599 points or -2.97% at $5.23 with 9,647 shares getting traded on Thursday. Post opening the session at $4.96, the shares hit an intraday low of $4.95 and an intraday high of $5.31 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Pro-Dex Inc. designs and produces powered surgical and dental instruments and motion control products used in the medical factory automation and scientific research industries. The Company has four segments: Pro-Dex located in Irvine California which provides primarily medical and dental instruments using shared production and assembly machines and workforce; OMS located in Beaverton Oregon which provides multi-axis motion control applications; Fineline located in San Dimas California which manufactures plastic injection molds for a range of industries and Engineering Services Division (ESD) which provides permanent placement and contract services in the fields of engineering manufacturing and quality to diverse businesses. The Company’s Huber Precision division manufactures machined parts primarily for the oil and electronics industry. The Company markets its products under the brand names of Pro-Dex Micro Motors and Oregon Micro Systems.

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