Berkshire Bank bought a new position in shares of GE Vernova Inc. (NYSE:GEV – Free Report) during the second quarter, Holdings Channel.com reports. The firm bought 1,218 shares of the company’s stock, valued at approximately $209,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Trust Asset Management LLC purchased a new stake in shares of GE Vernova in the 2nd quarter worth approximately $26,000. Lynx Investment Advisory purchased a new stake in shares of GE Vernova in the 2nd quarter worth approximately $34,000. Rise Advisors LLC purchased a new stake in shares of GE Vernova in the 2nd quarter worth approximately $35,000. Baldwin Brothers LLC MA purchased a new stake in shares of GE Vernova in the 2nd quarter worth approximately $38,000. Finally, ANTIPODES PARTNERS Ltd purchased a new stake in shares of GE Vernova in the 1st quarter worth approximately $30,000.
GE Vernova Price Performance
Shares of NYSE GEV traded up $1.90 during midday trading on Friday, hitting $179.11. 2,766,628 shares of the stock traded hands, compared to its average volume of 4,103,369. The stock has a 50-day moving average price of $171.49. GE Vernova Inc. has a one year low of $115.00 and a one year high of $185.50.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on GEV
About GE Vernova
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.
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