Empowered Funds LLC's Increased Position in Costco Wholesale Co. (NASDAQ:COST)

Sunday, 14 July 2024, 13:23

Empowered Funds LLC increased its stake in Costco Wholesale Co. (NASDAQ:COST) by 47.9% during the 1st quarter, according to its recent filing with the SEC. The fund now holds 8,507 shares of the retailer's stock after acquiring an additional 2,757 shares. This move indicates confidence in Costco's performance.
Marketbeat
Empowered Funds LLC's Increased Position in Costco Wholesale Co. (NASDAQ:COST)

Empowered Funds LLC's Investment Strategy

Empowered Funds LLC has recently raised its stake in Costco Wholesale Co. (NASDAQ:COST) by almost 50%.

Position Enhancement

The fund now owns 8,507 shares of the retailer's stock, showing a substantial increase of 2,757 shares.

This strategic move demonstrates Empowered Funds LLC's confidence and positive outlook on Costco's future performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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