LMR Partners LLP Acquires New Position in Inventure Foods, Inc. (SNAK)

LMR Partners LLP acquired a new position in shares of Inventure Foods, Inc. (NASDAQ:SNAK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 66,236 shares of the company’s stock, valued at approximately $285,000. LMR Partners LLP owned about 0.34% of Inventure Foods at the end of the most recent quarter.

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Other large investors also recently made changes to their positions in the company. KCG Holdings Inc. increased its stake in shares of Inventure Foods by 116.3% in the first quarter. KCG Holdings Inc. now owns 26,093 shares of the company’s stock worth $115,000 after buying an additional 14,032 shares during the period. Bourgeon Capital Management LLC bought a new stake in shares of Inventure Foods during the first quarter worth approximately $133,000. Symons Capital Management Inc. bought a new stake in shares of Inventure Foods during the first quarter worth approximately $168,000. NJ State Employees Deferred Compensation Plan bought a new stake in shares of Inventure Foods during the second quarter worth approximately $216,000. Finally, OppenheimerFunds Inc. bought a new stake in shares of Inventure Foods during the first quarter worth approximately $228,000. Institutional investors own 81.41% of the company’s stock.

Shares of Inventure Foods, Inc. (SNAK) opened at 3.40 on Wednesday. The stock’s 50 day moving average price is $3.65 and its 200-day moving average price is $4.33. Inventure Foods, Inc. has a 12 month low of $2.96 and a 12 month high of $10.15. The firm’s market cap is $67.27 million.

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SNAK has been the subject of a number of recent research reports. Zacks Investment Research upgraded Inventure Foods from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. ValuEngine upgraded Inventure Foods from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 25th.

About Inventure Foods

Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in two segments: frozen products and snack products. The frozen products segment produces frozen fruits, vegetables, beverages and frozen desserts for sale primarily to groceries, club stores and mass merchandisers.

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