Key Highlights
- These 10 stocks could mint the next wave of millionaires › California-based Global IMC fully exited its position in Adtalem Global Education (NYSE:ATGE) in the third quarter, a move reflecting a $6.48 million net position change, according to a November 14 SEC filing.
- What Happened According to an SEC filing on November 14, Global IMC LLC sold all its 50,933 shares of Adtalem Global Education (NYSE:ATGE) during the third quarter.
- The estimated value of the trade was nearly $6.5 million based on the quarterly average price.
- What Else to Know Global IMC's Adtalem stake had accounted for 1.7% of the fund’s assets in the previous quarter.
- Top holdings after the filing: NYSE: KGC: $3.76 million (15.9% of AUM) NYSE: HBM: $3.54 million (15.0% of AUM) NASDAQ: TSEM: $3.45 million (14.6% of AUM) NASDAQ: IREN: $3.45 million (14.6% of AUM) NYSE: EGO: $3.33 million (14.1% of AUM) As of Friday, shares of Adtalem were priced at $100.60, up about 14% in the past year and only slightly underperforming the S&P 500's roughly 16.5% gain in the same period.
