Truffle Hound Capital LLC acquired a new position in Ecopetrol S.A. (NYSE:EC - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 300,000 shares of the oil and gas company's stock, valued at approximately $3,132,000. Ecopetrol accounts for approximately 1.1% of Truffle Hound Capital LLC's investment portfolio, making the stock its 25th biggest position.
Other hedge funds have also recently modified their holdings of the company. Blume Capital Management Inc. purchased a new position in shares of Ecopetrol during the first quarter worth $28,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Ecopetrol during the first quarter worth about $46,000. Avantax Advisory Services Inc. acquired a new position in Ecopetrol during the first quarter worth about $106,000. Sowell Financial Services LLC purchased a new stake in shares of Ecopetrol in the 1st quarter valued at approximately $116,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Ecopetrol in the 4th quarter valued at $97,000.
Ecopetrol Price Performance
Shares of EC stock traded up $0.07 during trading hours on Monday, hitting $8.36. The company had a trading volume of 1,326,578 shares, compared to its average volume of 2,181,795. The company's fifty day moving average is $8.97 and its 200 day moving average is $9.18. Ecopetrol S.A. has a fifty-two week low of $7.21 and a fifty-two week high of $11.05. The stock has a market capitalization of $17.18 billion, a PE ratio of 5.50 and a beta of 0.83.
Ecopetrol Profile
(
Free Report)
Ecopetrol SA operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services.
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