Northern Trust Corp raised its stake in Chase Co. (NYSEAMERICAN:CCF) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,742 shares of the construction company’s stock after acquiring an additional 6,549 shares during the period. Northern Trust Corp’s holdings in Chase were worth $11,460,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the business. BlackRock Inc. boosted its position in shares of Chase by 6.5% during the second quarter. BlackRock Inc. now owns 504,068 shares of the construction company’s stock worth $59,101,000 after buying an additional 30,890 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Chase by 498.4% during the second quarter. Advisors Asset Management Inc. now owns 15,050 shares of the construction company’s stock worth $125,000 after buying an additional 12,535 shares during the period. Systematic Financial Management LP boosted its position in shares of Chase by 15.1% during the second quarter. Systematic Financial Management LP now owns 39,700 shares of the construction company’s stock worth $4,655,000 after buying an additional 5,200 shares during the period. Alps Advisors Inc. acquired a new position in shares of Chase during the second quarter worth approximately $579,000. Finally, Aperio Group LLC acquired a new position in shares of Chase during the second quarter worth approximately $529,000.
In related news, insider Peter R. Chase sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $122.90, for a total transaction of $122,900.00. Following the sale, the insider now owns 5,693 shares of the company’s stock, valued at $699,669.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Peter R. Chase sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $121.59, for a total value of $60,795.00. Following the sale, the insider now directly owns 5,693 shares in the company, valued at approximately $692,211.87. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,815 shares of company stock worth $1,842,460.
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Chase Company Profile
Chase Corporation manufactures and sells protective materials for various applications worldwide. It operates through two segments, Industrial Materials and Construction Materials. The Industrial Materials segment offers insulating and conducting materials to wire and cable manufacturers; laminated film foils for communication and local area network cables; moisture protective coatings for electronics industry; laminated durable papers, including laminated papers for envelope converting and commercial printing industries; pulling and detection tapes for fiber optic cables, and water and natural gas lines, as well as power, data, and video cables; cover tapes for semiconductor components; advanced adhesives, sealants, and coatings for automotive and industrial applications; polymeric microspheres; water-based polyurethane dispersions for various coating products; and composite strength elements for use in wind energy generation.
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