O Shaughnessy Asset Management LLC continues to diversify its investment portfolio with the acquisition of 10,143 shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) during the third quarter. The shares are valued at approximately $245,000 [0a7b7643]. This move highlights the attractiveness of ZTO Express (Cayman) Inc.'s stock to institutional investors, including O Shaughnessy Asset Management. Other institutional investors have also made changes to their holdings of ZTO Express (Cayman) Inc. [0a7b7643].
ZTO Express (Cayman) Inc. is a company that provides express delivery and logistics services in China. It was founded in 2002 and is headquartered in Shanghai [0a7b7643].
In a recent 13F filing with the Securities & Exchange Commission, Logan Capital Management Inc. revealed that it has increased its holdings in Zoetis Inc. (NYSE:ZTS) by 4.1% during the 4th quarter. The institutional investor now owns 117,480 shares of the company's stock, valued at approximately $23,187,000. Zoetis accounts for approximately 1.1% of Logan Capital Management Inc.'s investment portfolio, making it the 17th largest holding. This demonstrates the growing interest in Zoetis Inc. among institutional investors [67fca4de].
Zoetis Inc. is a leading animal health company that develops and manufactures veterinary vaccines, medicines, and diagnostics. It is listed on the New York Stock Exchange under the ticker symbol ZTS [67fca4de].