Raymond James Financial Services Advisors Inc. grew its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 0.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 221,141 shares of the company’s stock after acquiring an additional 1,582 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in American Electric Power were worth $17,961,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of AEP. Penserra Capital Management LLC purchased a new stake in shares of American Electric Power during the 1st quarter valued at approximately $27,000. True Wealth Design LLC purchased a new stake in shares of American Electric Power during the 4th quarter valued at…
