Point72 Hong Kong Ltd lessened its stake in Raven Industries, Inc. (NASDAQ:RAVN) by 33.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,529 shares of the conglomerate’s stock after selling 756 shares during the quarter. Point72 Hong Kong Ltd’s holdings in Raven Industries were worth $33,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in RAVN. Thrivent Financial for Lutherans lifted its position in shares of Raven Industries by 62.6% during the 1st quarter. Thrivent Financial for Lutherans now owns 921,238 shares of the conglomerate’s stock valued at $19,558,000 after buying an additional 354,758 shares in the last quarter. Morgan Stanley lifted its position in shares of Raven Industries by 74.2% during the 1st quarter. Morgan Stanley now owns 778,405 shares of the conglomerate’s stock valued at $16,526,000 after buying an additional 331,458 shares