Adage Capital Partners GP L.L.C. bought a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 112,206 shares of the company’s stock, valued at approximately $8,440,000.
Other institutional investors have also recently added to or reduced their stakes in the company. FSC Wealth Advisors LLC lifted its stake in American Electric Power by 222.0% during the third quarter. FSC Wealth Advisors LLC now owns 351 shares of the company’s stock worth $26,000 after purchasing an additional 242 shares during the last quarter. Fairfield Bush & CO. purchased a new stake in American Electric Power in the second quarter valued at approximately $26,000. Penserra Capital Management LLC purchased a new stake in American…
