Harmony Gold Mng LTD (HMY) Shareholder Eqis Capital Management INC Has Raised Its Holding by $5.80 Million as Market Valuation Declined

June 18, 2018 - By Ash

Harmony Gold Mining Company Limited (NYSE:HMY) Logo

Eqis Capital Management Inc increased its stake in Harmony Gold Mng Ltd (HMY) by 338.77% based on its latest 2018Q1 regulatory filing with the SEC. Eqis Capital Management Inc bought 2.90 million shares as the company’s stock declined 17.13% with the market. The institutional investor held 3.75M shares of the precious metals company at the end of 2018Q1, valued at $8.97M, up from 855,411 at the end of the previous reported quarter. Eqis Capital Management Inc who had been investing in Harmony Gold Mng Ltd for a number of months, seems to be bullish on the $765.21M market cap company. The stock decreased 0.95% or $0.01 during the last trading session, reaching $1.57. About 1.30 million shares traded. Harmony Gold Mining Company Limited (NYSE:HMY) has declined 17.13% since June 18, 2017 and is downtrending. It has underperformed by 29.70% the S&P500.

Eqis Capital Management Inc, which manages about $779.38 million and $1.96 billion US Long portfolio, decreased its stake in Powershares Emerging Markets Sovereign D (PCY) by 126,620 shares to 57,328 shares, valued at $1.62M in 2018Q1, according to the filing. It also reduced its holding in Paypal Hldgs Inc by 43,431 shares in the quarter, leaving it with 2,839 shares, and cut its stake in Midcap Spdr Trust Series 1 (MDY).

More important recent Harmony Gold Mining Company Limited (NYSE:HMY) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Universal Insurance Holdings, Harmony Gold Mining Company, Schweitzer …” on June 07, 2018, also 247Wallst.com published article titled: “Brazilian Banks, Gold Miners Populate Friday’s 52-Week Low Club”, Seekingalpha.com published: “Harmony Gold Mining: Update On Recent Developments” on June 07, 2018. More interesting news about Harmony Gold Mining Company Limited (NYSE:HMY) was released by: 247Wallst.com and their article: “H&R Block, Avon Products Dive Wednesday’s 52-Week Low Club” with publication date: June 13, 2018.

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