Abundance Wealth Counselors Increases Stake in PureCycle Technologies

Abundance Wealth Counselors significantly increased its position in PureCycle Technologies by acquiring 6.7 million shares, valued at approximately $55.99 million. The move reflects confidence in the heavily shorted stock, which has risen 12.4% over the past year but underperformed the S&P 500. The investment now accounts for 6.35% of the fund's assets under management.

By Sarah Sidlow · Motley Fool ·

Abundance Wealth Counselors Increases Stake in PureCycle Technologies

Tickers: $PCT

Topics: portfolio management PureCycle Technologies SEC filings stock holdings

Read the full article at Motley Fool

More World news