Alps Advisors Inc. increased its stake in Exelon Corporation by 5.8% during the third quarter, acquiring an additional 32,199 shares to hold a total of 585,599 shares valued at approximately $26.36 million. Exelon (NASDAQ:EXC) is heavily owned by institutional investors at 80.92%, with other major new or increased stakes reported by Norges Bank, Canada Pension Plan Investment Board, Allianz Asset Management, State Street Corp, and Vanguard Group Inc. The stock is currently trading at $44.33, has a market cap of $44.79 billion, and analysts generally rate it as a “Hold” with a consensus target price of $49.38.
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Alps Advisors Inc. Acquires 32,199 Shares of Exelon Corporation $EXC
Alps Advisors Inc. increased its stake in Exelon Corporation by 5.8% during the third quarter, acquiring an additional 32,199 shares to hold a total of 585,599 shares valued at approximately $26.36 million. Exelon (NASDAQ:EXC) is heavily owned by institutional investors at 80.92%, with other major new or increased stakes reported by Norges Bank, Canada Pension Plan Investment Board, Allianz Asset Management, State Street Corp, and Vanguard Group Inc. The stock is currently trading at $44.33, has a market cap of $44.79 billion, and analysts generally rate it as a “Hold” with a consensus target price of $49.38.