Fuel Tech Inc (FTEK) Position Trimmed by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP decreased its position in shares of Fuel Tech Inc (NASDAQ:FTEK) by 53.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 252,637 shares of the industrial products company’s stock after selling 293,192 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Fuel Tech were worth $258,000 as of its most recent SEC filing.
Separately, JPMorgan Chase & Co. bought a new position in Fuel Tech during the 3rd quarter worth approximately $1,368,000. 27.24% of the stock is owned by institutional investors and hedge funds.
Fuel Tech Inc (NASDAQ:FTEK) opened at $1.07 on Tuesday. Fuel Tech Inc has a one year low of $0.70 and a one year high of $1.26.
In related news, Director Dennis L. Zeitler purchased 50,000 shares of the business’s stock in a transaction on Tuesday, December 12th. The shares were purchased at an average price of $1.01 per share, with a total value of $50,500.00. Following the completion of the purchase, the director now owns 50,000 shares in the company, valued at approximately $50,500. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 13.90% of the company’s stock.
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Fuel Tech Profile
Fuel Tech, Inc is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion.
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