Nuveen Asset Management LLC sheds 892 shares of Kaiser Aluminium Co.

Nuveen Asset Management LLC, an investment advisory solutions provider, quit 892 shares of Kaiser Aluminum Co. during the third quarter of 2022, according to the company’s most recent filing of Form 13F with the Securities & Exchange Commission. Nuveen owned 103,463 shares of Kaiser during the quarter and owned 0.65 per cent of worth $6,348,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Point72 Hong Kong Limited bought new shares of Kaiser worth $80,000 tonnes during the second quarter and Captrust Financial Advisors raised holdings in shares by 76.1 per cent during the first quarter. The latter now owns 1,016 shares of the industrial products company’s stock worth $96,000 after acquiring an additional 439 shares during the period.

UBS Group AG raised holdings by 77.0 per cent, acquiring additional 1,153 shares during the first quarter, which brought its total shares of 2,651 worth $250,000 tonnes in Kaiser Aluminum. Finally, Heritage Wealth Management LLC bought new shares worth $233,000, bringing total ownership to 99.65 per cent.

Kaiser Aluminium is an American aluminium producer, specialised in making a wide spectrum of aluminum mill products. It manufactures aluminium plate, sheet and coil, food and beverage can sheet, soft alloy extrusions, hard alloy rod and bar, forge stock and many other, destined for the aerospace, packaging, automotive extrusions, and general engineering.