StoneX Group Inc. Invests $204,000 in Barings Corporate Investors (NYSE:MCI)

StoneX Group Inc. purchased a new stake in shares of Barings Corporate Investors (NYSE:MCI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,020 shares of the financial services provider’s stock, valued at approximately $204,000.

Several other institutional investors also recently modified their holdings of MCI. Jones Financial Companies Lllp boosted its holdings in shares of Barings Corporate Investors by 112.4% during the 4th quarter. Jones Financial Companies Lllp now owns 2,765 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,463 shares during the last quarter. Consolidated Portfolio Review Corp bought a new position in Barings Corporate Investors during the fourth quarter valued at approximately $206,000. Sanctuary Advisors LLC purchased a new stake in Barings Corporate Investors in the fourth quarter worth approximately $206,000. LPL Financial LLC grew its position in Barings Corporate Investors by 21.7% in the 4th quarter. LPL Financial LLC now owns 13,016 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 2,320 shares during the period. Finally, IFP Advisors Inc purchased a new stake in Barings Corporate Investors during the 4th quarter valued at $326,000.

Barings Corporate Investors Price Performance

NYSE MCI opened at $22.25 on Thursday. Barings Corporate Investors has a 1-year low of $16.91 and a 1-year high of $25.24. The business’s fifty day moving average price is $21.31 and its 200-day moving average price is $20.36.

Insider Buying and Selling at Barings Corporate Investors

In other Barings Corporate Investors news, insider Edward P. Grace III sold 10,000 shares of the business’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $22.71, for a total transaction of $227,100.00. Following the completion of the sale, the insider now directly owns 10,000 shares in the company, valued at $227,100. The trade was a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.17% of the stock is owned by corporate insiders.

Barings Corporate Investors Company Profile

Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations.