Schwab Charles Investment Management Inc. Invests $300,000 in Pure Cycle Corporation (NASDAQ:PCYO)

Schwab Charles Investment Management Inc. acquired a new position in shares of Pure Cycle Corporation (NASDAQ:PCYO) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 38,700 shares of the utilities provider’s stock, valued at approximately $300,000. Schwab Charles Investment Management Inc. owned about 0.16% of Pure Cycle Corporation as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of PCYO. Hodges Capital Management Inc. purchased a new stake in shares of Pure Cycle Corporation in the second quarter valued at $1,146,000. Parametric Portfolio Associates LLC purchased a new stake in shares of Pure Cycle Corporation in the first quarter valued at $156,000. Janus Capital Management LLC grew its position in shares of Pure Cycle Corporation by 3.2% in the first quarter. Janus Capital Management LLC now owns 797,825 shares of the utilities provider’s stock valued at $4,428,000 after purchasing an additional 24,700 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Pure Cycle Corporation in the second quarter valued at $178,000. Finally, Tealwood Asset Management Inc. grew its position in shares of Pure Cycle Corporation by 1.4% in the second quarter. Tealwood Asset Management Inc. now owns 612,284 shares of the utilities provider’s stock valued at $4,745,000 after purchasing an additional 8,729 shares during the period. 68.34% of the stock is owned by hedge funds and other institutional investors.

Shares of Pure Cycle Corporation (NASDAQ:PCYO) opened at $7.00 on Friday. Pure Cycle Corporation has a 1 year low of $4.85 and a 1 year high of $8.73.

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Pure Cycle Corporation Profile

Pure Cycle Corporation is an integrated water company that provides wholesale water and wastewater services. The Company provides its services to wholesale customers, which include industrial customers and local governmental entities that provide water and wastewater services to their end-use customers located in the Denver, Colorado metropolitan area.

Institutional Ownership by Quarter for Pure Cycle Corporation (NASDAQ:PCYO)

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