Stock On Watch: 0.93 is Riggs National Corp’s (NYSEARCA:RIGS) Institutional Investor Sentiment

November 17, 2016 - By kentuckypostne   ·   0 Comments

Stock On Watch: 0.93 is Riggs National Corp's (NYSEARCA:RIGS) Institutional Investor Sentiment

Sentiment for Riggs National Corp (NYSEARCA:RIGS)

Riggs National Corp (NYSEARCA:RIGS) institutional sentiment increased to 0.93 in Q2 2016. Its up 0.17, from 0.76 in 2016Q1. The ratio has increased, as 13 investment professionals started new or increased stock positions, while 14 decreased and sold holdings in Riggs National Corp. The investment professionals in our partner’s database now possess: 11.66 million shares, down from 15.93 million shares in 2016Q1. Also, the number of investment professionals holding Riggs National Corp in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 2 Reduced: 12 Increased: 9 New Position: 4.

RiverFront Strategic Income Fund (NYSEARCA:RIGS) has risen 1.10% since April 15, 2016 and is uptrending. It has underperformed by 3.52% the S&P500.

Riverfront Investment Group Llc holds 5.18% of its portfolio in RiverFront Strategic Income Fund for 7.85 million shares. Bb&T Securities Llc owns 612,522 shares or 0.24% of their US portfolio. Moreover, Raymond James & Associates has 0.13% invested in the company for 1.69 million shares. The Connecticut-based 3D Asset Management Inc has invested 0.07% in the stock. Winch Advisory Services Llc, a Wisconsin-based fund reported 2,116 shares.#img1#

More notable recent RiverFront Strategic Income Fund (NYSEARCA:RIGS) news were published by: Zacks.com which released: “New Income ETF Launches: RiverFront Strategic Income Fund” on October 21, 2013, also Etftrends.com with their article: “New ETFs: Currencies, Active Management and More” published on July 23, 2010, Barrons.com published: “Picking the Best” on November 17, 2013. More interesting news about RiverFront Strategic Income Fund (NYSEARCA:RIGS) were released by: Zacks.com and their article: “Enjoy Gundlachs Skill in SPDRs New Active Bond ETF” published on March 04, 2015 as well as Barrons.com‘s news article titled: “Fidelity Launches Active Bond ETFs” with publication date: October 11, 2014.

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