Commonwealth Equity Services LLC Purchases 6,629 Shares of Equity Commonwealth (NYSE:EQC)

Commonwealth Equity Services LLC grew its position in shares of Equity Commonwealth (NYSE:EQC) by 6.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 112,459 shares of the real estate investment trust’s stock after purchasing an additional 6,629 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.11% of Equity Commonwealth worth $2,123,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Affirmative Financial Network increased its stake in shares of Equity Commonwealth by 7.6% during the first quarter. First Affirmative Financial Network now owns 10,972 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 775 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Equity Commonwealth by 1.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 65,472 shares of the real estate investment trust’s stock valued at $1,264,000 after purchasing an additional 960 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Equity Commonwealth by 48.5% during the fourth quarter. Van ECK Associates Corp now owns 3,085 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 1,008 shares in the last quarter. Hunter Perkins Capital Management LLC boosted its position in shares of Equity Commonwealth by 3.5% during the first quarter. Hunter Perkins Capital Management LLC now owns 47,182 shares of the real estate investment trust’s stock valued at $891,000 after purchasing an additional 1,600 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in shares of Equity Commonwealth during the fourth quarter valued at approximately $34,000. 96.00% of the stock is currently owned by institutional investors.

Equity Commonwealth Stock Performance

Shares of NYSE EQC traded down $0.15 during mid-day trading on Friday, hitting $19.22. 157,596 shares of the stock traded hands, compared to its average volume of 876,380. Equity Commonwealth has a 52 week low of $17.93 and a 52 week high of $20.75. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 24.52 and a beta of 0.28. The stock has a fifty day moving average price of $19.23 and a 200-day moving average price of $19.04.

Equity Commonwealth Company Profile

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.