The stock holdings of General Electric (NYSE: GE) have seen a decrease as Bonness Enterprises Inc. reduced its stake in the conglomerate by 79.5% during the 4th quarter, according to the latest filing with the SEC. The firm’s holdings in General Electric amounted to 2,484 shares after selling 9,611 shares, valued at $317,000 as of the most recent filing.
Other hedge funds and institutional investors have also been involved in trading shares of General Electric. Halpern Financial Inc. significantly increased its stake in the company by 968.4% during the 4th quarter, now owning 203 shares worth $25,000 after acquiring an additional 184 shares.