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Hedge funds increase investment in Venice company


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  • | 3:41 p.m. April 15, 2016
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Four hedge funds increased their investment in PGT Inc., a Venice-based manufacturer and supplier of impact resistant residential windows and doors.

Lumped together, the hedge funds purchased an additional 302,831 shares of PGT's stock during the fourth quarter. These are the hedge funds that boosted their position in the company:
• Emerald Advisers Inc. PA purchased an additional 111,340 shares. It now owns 774,122 shares of the company's stock, valued at $8.817 million.
• Emerald Mutual Fund Advisers Trust boosted its position by 149,669 shares. It now owns 772,639 shares valued at $8.8 million.
• Corbyn Investment Management Inc. MD bought an additional 40,209 shares. It now owns 134,816 shares valued at $1.53 million.
• California State Teachers Retirement System purchased 1,613 shares during the period. It now owns 88,519 shares valued at $1.008 million.

PGT Inc. (symbol: PGTI; recent price: $10.46) earned $93 million during the quarter.

 

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