Profund Advisors LLC Has $579,000 Stake in Enel Americas SA (NYSE:ENIA)

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Profund Advisors LLC trimmed its holdings in shares of Enel Americas SA (NYSE:ENIA) by 10.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,326 shares of the utilities provider’s stock after selling 7,373 shares during the period. Profund Advisors LLC’s holdings in Enel Americas were worth $579,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its holdings in Enel Americas by 180.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,033 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 1,953 shares in the last quarter. Fulton Bank N.A. increased its stake in shares of Enel Americas by 30.6% in the 2nd quarter. Fulton Bank N.A. now owns 13,445 shares of the utilities provider’s stock valued at $120,000 after buying an additional 3,153 shares during the period. Fox Run Management L.L.C. acquired a new stake in shares of Enel Americas in the 2nd quarter valued at $119,000. LPL Financial LLC acquired a new stake in shares of Enel Americas in the 2nd quarter valued at $130,000. Finally, NumerixS Investment Technologies Inc increased its stake in shares of Enel Americas by 526.7% in the 1st quarter. NumerixS Investment Technologies Inc now owns 18,800 shares of the utilities provider’s stock valued at $166,000 after buying an additional 15,800 shares during the period. 6.88% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on the company. ValuEngine cut Enel Americas from a “hold” rating to a “sell” rating in a research note on Saturday, August 31st. Zacks Investment Research raised Enel Americas from a “sell” rating to a “hold” rating in a research note on Monday, July 29th.

Shares of NYSE ENIA traded up $0.03 during midday trading on Thursday, hitting $9.11. The stock had a trading volume of 37,576 shares, compared to its average volume of 1,252,319. The company’s 50-day simple moving average is $8.28 and its 200 day simple moving average is $8.46. The firm has a market cap of $10.32 billion, a P/E ratio of 8.67 and a beta of 0.57. Enel Americas SA has a fifty-two week low of $7.35 and a fifty-two week high of $10.52.

Enel Americas Profile

Enel Américas SA operates as an electricity utility company in Argentina, Brazil, Colombia, and Peru. The company, through its subsidiaries, generates, transmits, and distributes electricity using hydroelectric and thermal energy sources. As of December 31, 2017, it had 11,444 megawatts of installed generation capacity and 17.2 million distribution customers.

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Institutional Ownership by Quarter for Enel Americas (NYSE:ENIA)

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