Envestnet Asset Management Adds $37M in Arrow Electronics, Inc. ($ARW)
Key Points
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Envestnet Asset Management increased its position in Arrow Electronics, Inc. ($ARW) by 39.84% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 623,394 shares of Arrow Electronics, Inc. after buying 177,613 shares during the quarter. Envestnet Asset Management's holdings in Arrow Electronics, Inc. were worth $130.61 million as of its most recent filing.
Arrow Electronics, Inc. Stock Up 2.7%
Shares of Arrow Electronics, Inc. ($ARW) traded around $209.51 on Saturday, up 2.7% for the day.
Arrow Electronics, Inc. Earnings
Analysts Set New Price Targets
About Arrow Electronics, Inc.
Arrow Electronics, Inc. sources and engineers technology for manufacturers, service providers, and users of enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components, including semiconductor products and related services; interconnect, passive, and electromechanical products comprising capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. Its Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions, as well as engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training services. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.
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