News Snapshot:
Janney Montgomery Scott LLC increased its stake in China Mobile Ltd. (NYSE:CHL) by 44.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,037 shares of the Wireless communications provider’s stock after purchasing an additional 3,689 shares during the period. Janney Montgomery Scott LLC’s holdings in China Mobile were worth $405,000 as of its most recent SEC filing. A number of other large investors have also recently bought and sold shares of CHL. FMR LLC raised its position in shares of China Mobile by 0.8% during the first...
