Rhumbline Advisers Cuts Stock Position in Ecopetrol S.A. (NYSE:EC)

Rhumbline Advisers lowered its stake in shares of Ecopetrol S.A. (NYSE:EC – Free Report) by 22.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,059 shares of the oil and gas company’s stock after selling 2,000 shares during [...]

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Rhumbline Advisers lowered its stake in shares of Ecopetrol S.A. ( NYSE:EC – Free Report ) by 22.

1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,059 shares of the oil and gas company’s stock after selling 2,000 shares during the period. Rhumbline Advisers’ holdings in Ecopetrol were worth $79,000 as of its most recent filing with the Securities and Exchange Commission (SEC).



A number of other hedge funds and other institutional investors have also recently modified their holdings of EC. GQG Partners LLC boosted its position in shares of Ecopetrol by 0.9% during the first quarter.

GQG Partners LLC now owns 12,291,956 shares of the oil and gas company’s stock valued at $145,537,000 after buying an additional 105,172 shares during the period. Earnest Partners LLC boosted its holdings in Ecopetrol by 1.2% in the first quarter.

Earnest Partners LLC now owns 510,803 shares of the oil and gas company’s stock worth $6,048,000 after acquiring an additional 5,844 shares in the last quarter. CenterBook Partners LP increased its stake in Ecopetrol by 136.6% during the 4th quarter.

CenterBook Partners LP now owns 334,527 shares of the oil and gas company’s stock valued at $3,988,000 after purchasing an additional 193,150 shares in the last quarter. Capital Wealth Planning LLC raised its stake in Ecopetrol by 74.2% in the 1st quarter.

Capital Wealth Planning LLC now owns 208,230 shares of the oil and gas company’s stock worth $2,465,000 after acquiring an additional 88,710 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in Ecopetrol in the second quarter valued at approximately $1,890,000. Ecopetrol Stock Down 1.

0 % EC stock opened at $8.93 on Tuesday. The firm’s fifty day moving average is $9.

82 and its 200 day moving average is $11.01. The company has a debt-to-equity ratio of 0.

90, a quick ratio of 1.34 and a current ratio of 1.58.

Ecopetrol S.A. has a one year low of $8.

65 and a one year high of $13.14. The firm has a market cap of $18.

36 billion, a PE ratio of 3.88 and a beta of 1.20.

Wall Street Analyst Weigh In Read Our Latest Research Report on Ecopetrol Ecopetrol Company Profile ( Free Report ) Ecopetrol SA operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services.

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