347,762 Shares in Equity Commonwealth (NYSE:EQC) Purchased by Ieq Capital LLC

Ieq Capital LLC bought a new stake in Equity Commonwealth (NYSE:EQC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 347,762 shares of the real estate investment trust’s stock, valued at approximately $616,000. Ieq Capital LLC owned about 0.32% of Equity Commonwealth as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alberta Investment Management Corp grew its stake in shares of Equity Commonwealth by 462.3% in the fourth quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust’s stock worth $15,338,000 after acquiring an additional 7,124,543 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Equity Commonwealth by 107.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 251,712 shares of the real estate investment trust’s stock valued at $446,000 after purchasing an additional 130,276 shares during the period. First Affirmative Financial Network grew its position in Equity Commonwealth by 117.0% in the 4th quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 13,389 shares during the last quarter. DGS Capital Management LLC acquired a new stake in Equity Commonwealth in the 4th quarter worth $53,000. Finally, Ullmann Wealth Partners Group LLC bought a new position in shares of Equity Commonwealth during the 4th quarter worth about $68,000. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Stock Performance

NYSE EQC opened at $1.71 on Wednesday. Equity Commonwealth has a twelve month low of $1.40 and a twelve month high of $21.00. The stock has a market cap of $183.00 million, a PE ratio of 4.37 and a beta of 0.48. The firm has a 50-day simple moving average of $1.74 and a 200 day simple moving average of $12.70.

Equity Commonwealth Company Profile

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.