GWM Advisors LLC increased its stake in Praxair, Inc. (NYSE:PX) by 22.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,116 shares of the basic materials company’s stock after purchasing an additional 575 shares during the quarter. GWM Advisors LLC’s holdings in Praxair were worth $501,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of PX. Mendel Money Management acquired a new stake in Praxair in the 3rd quarter valued at about $4,612,000. QUANTRES ASSET MANAGEMENT Ltd acquired a new stake in Praxair in the 3rd quarter valued at about $305,000. Oppenheimer & Co. Inc. lifted its holdings in Praxair by 9.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,963 shares of the basic materials company’s stock valued at $5,941,000 after acquiring an additional 3,060 shares during the last quarter. State Treasurer State of Michigan lifted its holdings in Praxair by 0.7% in the 3rd quarter. State Treasurer State of Michigan now owns 85,645 shares of the basic materials company’s stock valued at $13,766,000 after acquiring an additional 600 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Praxair by 32.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 861,174 shares of the basic materials company’s stock valued at $138,606,000 after acquiring an additional 211,420 shares during the last quarter. 86.18% of the stock is owned by institutional investors and hedge funds.
NYSE PX opened at $164.50 on Friday. Praxair, Inc. has a 1 year low of $140.00 and a 1 year high of $169.75.
Praxair, Inc produces and distributes industrial gases. It operates through five segments: North America, Europe, South America, Asia, and Surface Technologies. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.
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