Janney Montgomery Scott LLC Has $2.90 Million Stock Position in Abrdn Healthcare Investors (NYSE:HQH)

Janney Montgomery Scott LLC trimmed its position in Abrdn Healthcare Investors (NYSE:HQH) by 1.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,632 shares of the financial services provider’s stock after selling 2,018 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Abrdn Healthcare Investors were worth $2,898,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MONECO Advisors LLC acquired a new stake in shares of Abrdn Healthcare Investors during the third quarter worth approximately $361,000. International Assets Investment Management LLC acquired a new stake in Abrdn Healthcare Investors in the third quarter valued at approximately $682,000. Private Advisor Group LLC lifted its stake in Abrdn Healthcare Investors by 3.6% in the third quarter. Private Advisor Group LLC now owns 38,804 shares of the financial services provider’s stock valued at $723,000 after acquiring an additional 1,356 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in Abrdn Healthcare Investors in the third quarter valued at approximately $57,000. Finally, Raymond James & Associates lifted its stake in Abrdn Healthcare Investors by 79.8% in the third quarter. Raymond James & Associates now owns 355,205 shares of the financial services provider’s stock valued at $6,614,000 after acquiring an additional 157,618 shares during the last quarter. 32.60% of the stock is currently owned by institutional investors and hedge funds.

Abrdn Healthcare Investors Trading Up 0.3 %

NYSE HQH opened at $18.73 on Tuesday. The company has a 50 day moving average price of $18.54 and a two-hundred day moving average price of $18.01. Abrdn Healthcare Investors has a 12-month low of $14.58 and a 12-month high of $19.79.

Abrdn Healthcare Investors Company Profile

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.