Allspring Global buys new stake in Ardagh Metal Packaging’s shares

While residing in the third quarter, Allspring Global Investments Holdings LLC acquired a new stake in Ardagh Metal Packaging S.A. (AMP), as was revealed in the latest filing with the Securities and Exchange Commission.

Allspring bought around 751,511 shares of AMP, having a market value of US$3,637,000. Nearing the end of the most current quarter, the company had taken over almost 0.12% of AMP.

Many other hedge funds and institutional investors have currently increased or curtailed their stakes in Ardagh Metal Packaging.

During the third quarter, Balentine LLC also bought a new position in shares of AMP, worth US$107,000. Also, during the same time, it was witnessed that Janney Montgomery Scott LLC augmented its stake in shares of AMP by a hefty 3.6%.

At this moment, Janney Montgomery Scott LLC presides over 385,386 shares of AMP’s stock with an estimated worth of US$1,865,000. This accumulation was possible due to the additional acquisition of 13,528 shares last quarter.

Also, there were reports of Live Oak Private Wealth LLC heightening its position in the shares of Ardagh Metal by 1.3% during the third quarter. Live Oak now owns proprietary rights of 661,954 shares of AMP’s stock, having a value of US$3,204,000, after it had successfully acquired 8,640 shares in the previous quarter.

Gilman Hill Asset Management LLC reportedly boosted its stake in the shares of AMP by 3.4% during the third quarter, owning almost 1,418,935 shares of the packaging company’s stock valued at US$6,868,000. This was possible as Gilman Hill Asset Management LLC took over an additional 46,065 shares in the previous quarter.

Lastly, Sanders Morris Harris LLC uplifted its stakes by 52.2% in the shares of AMP during the third quarter. Sanders Morris Harris LLC now rests upon 52,500 shares of the company’s stock valued at US$255,000 after the company bought another 18,000 shares in the quarter gone by. Hedge funders and institutional investors have acquired 19.04% of Ardagh Metal Packaging’s stock.