Moors & Cabot Inc. Has $113,000 Holdings in Putnam Mun Oppo $PMO

Moors & Cabot Inc. cut its holdings in shares of Putnam Mun Oppo (NYSE:PMO) by 33.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 11,449 shares of the financial services provider’s stock after selling 5,646 shares during the period. Moors & Cabot Inc.’s holdings in Putnam Mun Oppo were worth $113,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. CX Institutional acquired a new stake in shares of Putnam Mun Oppo during the second quarter worth about $29,000. ST Germain D J Co. Inc. bought a new stake in Putnam Mun Oppo during the 2nd quarter worth approximately $30,000. Duncker Streett & Co. Inc. bought a new stake in Putnam Mun Oppo during the 2nd quarter worth approximately $48,000. Wolverine Asset Management LLC acquired a new stake in Putnam Mun Oppo during the 1st quarter worth approximately $50,000. Finally, Elequin Capital LP bought a new position in Putnam Mun Oppo in the first quarter valued at approximately $72,000. 20.40% of the stock is currently owned by institutional investors.

Putnam Mun Oppo Trading Down 0.3%

Putnam Mun Oppo stock opened at $10.33 on Monday. The company has a 50 day moving average of $10.30 and a 200-day moving average of $10.01. Putnam Mun Oppo has a twelve month low of $9.34 and a twelve month high of $10.90.

About Putnam Mun Oppo

Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.