Midwest Trust Co Makes New Investment in Adams Diversified Equity Fund, Inc. $ADX

Midwest Trust Co acquired a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the 2nd quarter, HoldingsChannel reports. The fund acquired 44,410 shares of the closed-end fund’s stock, valued at approximately $964,000.

A number of other institutional investors also recently modified their holdings of the stock. IFP Advisors Inc grew its holdings in Adams Diversified Equity Fund by 76.1% in the second quarter. IFP Advisors Inc now owns 1,620 shares of the closed-end fund’s stock worth $35,000 after purchasing an additional 700 shares during the period. WPG Advisers LLC acquired a new position in shares of Adams Diversified Equity Fund during the first quarter valued at about $43,000. CWM LLC grew its stake in shares of Adams Diversified Equity Fund by 52.5% in the 1st quarter. CWM LLC now owns 2,418 shares of the closed-end fund’s stock valued at $46,000 after buying an additional 832 shares during the period. Sound Income Strategies LLC increased its position in Adams Diversified Equity Fund by 325.2% in the 2nd quarter. Sound Income Strategies LLC now owns 2,615 shares of the closed-end fund’s stock valued at $57,000 after buying an additional 2,000 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new position in Adams Diversified Equity Fund during the 2nd quarter worth approximately $63,000. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of Adams Diversified Equity Fund stock opened at $23.45 on Wednesday. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.50 and a 52 week high of $23.48. The stock has a 50 day moving average price of $22.52 and a two-hundred day moving average price of $21.54.

Adams Diversified Equity Fund Profile

Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.