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Institutional investors boosted stakes in Alphabet, with Covestor now holding $996K worth of shares.
Institutional investors including Covestor Ltd and Meeder Advisory Services Inc increased their holdings in Alphabet Inc. (NASDAQ: GOOG) during the fourth quarter.
Covestor now owns 5,233 shares, worth $996,000, making Alphabet its 11th largest holding.
Alphabet reported earnings per share of $2.15 for the quarter, exceeding estimates by $0.03.
The company operates through Google Services, Google Cloud, and Other Bets segments, with a market cap of $1.93 trillion.
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Los inversores institucionales impulsaron las participaciones en Alphabet, con Covestor actualmente en posesión de acciones por valor de 996K$.