Schwab Charles Investment Management Inc. raised its stake in Air Methods Corp (NASDAQ:AIRM) by 8.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 212,086 shares of the company’s stock after buying an additional 15,887 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Air Methods Corp were worth $9,120,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of AIRM. OppenheimerFunds Inc. raised its position in shares of Air Methods Corp by 114.8% in the first quarter. OppenheimerFunds Inc. now owns 47,803 shares of the company’s stock valued at $2,056,000 after buying an additional 25,553 shares during the last quarter. Gabelli Funds LLC acquired a new position in shares of Air Methods Corp during the first quarter valued at about $12,776,000. Renaissance Technologies LLC acquired a new position in shares of Air Methods Corp during the fourth quarter valued at about $5,465,000. Harvest Management LLC acquired a new position in shares of Air Methods Corp during the first quarter valued at about $344,000. Finally, Norges Bank acquired a new position in shares of Air Methods Corp during the fourth quarter valued at about $860,000.
Shares of Air Methods Corp (NASDAQ:AIRM) remained flat at $42.95 on Monday. Air Methods Corp has a 12 month low of $23.75 and a 12 month high of $43.95. The firm has a 50 day moving average price of $42.80 and a 200-day moving average price of $35.57.
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Air Methods Corp Company Profile
Air Methods Corporation is engaged in providing air medical emergency transport services and systems throughout the United States. The Company’s segments include Air Medical Services (AMS), Tourism and United Rotorcraft (UR) Division. As of December 31, 2016, its AMS Division provided air medical transportation services in 41 states to the general population as an independent service (also called community-based services) and to hospitals or other institutions under exclusive operating agreements (also called hospital-based services).
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