NINE MASTS CAPITAL Ltd Boosts Position in Voya Prime Rate Trust (PPR)
NINE MASTS CAPITAL Ltd boosted its stake in Voya Prime Rate Trust (NYSE:PPR) by 284.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 553,900 shares of the investment management company’s stock after acquiring an additional 409,700 shares during the quarter. NINE MASTS CAPITAL Ltd’s holdings in Voya Prime Rate Trust were worth $2,758,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Cornerstone Wealth Management LLC bought a new stake in Voya Prime Rate Trust in the 3rd quarter valued at $3,935,000. Greatmark Investment Partners Inc. bought a new stake in Voya Prime Rate Trust during the 2nd quarter worth about $105,000. SG Americas Securities LLC bought a new stake in Voya Prime Rate Trust during the 2nd quarter worth about $186,000. Lido Advisors LLC lifted its position in Voya Prime Rate Trust by 68.5% during the 2nd quarter. Lido Advisors LLC now owns 45,563 shares of the investment management company’s stock worth $229,000 after buying an additional 18,529 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its position in Voya Prime Rate Trust by 21.3% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 82,691 shares of the investment management company’s stock worth $412,000 after buying an additional 14,517 shares in the last quarter.
NYSE:PPR traded down $0.01 on Thursday, hitting $4.70. 86,173 shares of the company’s stock were exchanged, compared to its average volume of 412,323. Voya Prime Rate Trust has a 52 week low of $4.71 and a 52 week high of $5.22.
Voya Prime Rate Trust Company Profile
Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.
See Also: Catch-Up Contributions
Receive News & Ratings for Voya Prime Rate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Prime Rate Trust and related companies with MarketBeat.com's FREE daily email newsletter.