Calamos Advisors LLC Takes $838,000 Position in Adams Natural Resources Fund, Inc. $PEO

Calamos Advisors LLC bought a new position in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,153 shares of the financial services provider’s stock, valued at approximately $838,000. Calamos Advisors LLC owned 0.11% of Adams Natural Resources Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new position in Adams Natural Resources Fund in the 4th quarter valued at about $35,000. Comerica Bank lifted its position in Adams Natural Resources Fund by 38.1% during the 1st quarter. Comerica Bank now owns 1,859 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 513 shares during the period. Advisory Services Network LLC acquired a new stake in Adams Natural Resources Fund during the 3rd quarter worth approximately $48,000. Geneos Wealth Management Inc. grew its stake in shares of Adams Natural Resources Fund by 45.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,572 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 801 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in shares of Adams Natural Resources Fund in the 4th quarter valued at approximately $64,000. Hedge funds and other institutional investors own 33.54% of the company’s stock.

Adams Natural Resources Fund Price Performance

NYSE:PEO opened at $26.09 on Friday. The stock’s 50 day simple moving average is $25.61 and its 200-day simple moving average is $25.48. Adams Natural Resources Fund, Inc. has a 12-month low of $20.57 and a 12-month high of $28.88.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.