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Summit Financial LLC reduced Valero Energy shares by 16.2% and invested $231,000 in Vale S.A.
Summit Financial LLC decreased its shares of oil and gas company Valero Energy by 16.2% to 1,733 shares in the fourth quarter.
Meanwhile, the firm invested $231,000 in basic materials company Vale S.A., acquiring 26,034 shares.
Valero Energy's stock opened at $104.64 with a market cap of $32.96 billion, while Vale S.A. is valued at $41.28 billion and recently missed earnings estimates by $0.36.
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Summit Financial LLC redujo las acciones de Valero Energy en un 16,2% e invirtió 231.000 dólares en Vale S.A.