Rhumbline Advisers cut its stake in shares of PHI, Inc. (NASDAQ:PHIIK) by 14.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,335 shares of the energy producer’s stock after selling 2,182 shares during the quarter. Rhumbline Advisers owned 0.08% of PHI worth $130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Marquette Asset Management Inc. purchased a new stake in PHI in the 2nd quarter worth approximately $110,000. 62.24% of the stock is currently owned by institutional investors.

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Shares of PHI, Inc. (NASDAQ PHIIK) opened at 11.86 on Thursday. PHI, Inc. has a 12-month low of $8.09 and a 12-month high of $18.63. The firm has a 50-day moving average price of $11.91 and a 200 day moving average price of $10.81. The stock’s market cap is $187.36 million.

PHI Profile

PHI, Inc is engaged in transportation of personnel to, from, and among offshore platforms for customers engaged in the oil and gas exploration, development and production industry. The Company offers these services in various domestic and international markets. Most of its offshore flight operations are concentrated in the Gulf of Mexico.

Institutional Ownership by Quarter for PHI (NASDAQ:PHIIK)

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