Man Group plc Invests $896,000 in tronc Inc (NASDAQ:TRNC)


Man Group plc acquired a new position in tronc Inc (NASDAQ:TRNC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 54,860 shares of the company’s stock, valued at approximately $896,000.

A number of other institutional investors have also recently bought and sold shares of TRNC. Renaissance Technologies LLC increased its stake in tronc by 6.8% during the 3rd quarter. Renaissance Technologies LLC now owns 685,300 shares of the company’s stock worth $11,191,000 after buying an additional 43,600 shares during the period. JPMorgan Chase & Co. increased its stake in tronc by 19.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 836,356 shares of the company’s stock worth $13,657,000 after buying an additional 136,122 shares during the period. Ancora Advisors LLC increased its stake in tronc by 17.9% during the 3rd quarter. Ancora Advisors LLC now owns 424,302 shares of the company’s stock worth $6,929,000 after buying an additional 64,530 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in tronc during the 3rd quarter worth approximately $354,000. Finally, Dimensional Fund Advisors LP increased its stake in tronc by 10.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 841,593 shares of the company’s stock worth $13,743,000 after buying an additional 78,603 shares during the period. 38.71% of the stock is currently owned by institutional investors.

TRNC traded down $0.11 during trading hours on Friday, hitting $16.11. 101,997 shares of the company’s stock were exchanged, compared to its average volume of 175,533. tronc Inc has a 12-month low of $13.86 and a 12-month high of $24.74.

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tronc Profile

tronc, Inc, a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers’ Web presence for small to medium size businesses.

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Institutional Ownership by Quarter for tronc (NASDAQ:TRNC)



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