News Snapshot:
Lesa Sroufe & Co lessened its holdings in shares of China Mobile Limited (NYSE:CHL) by 11.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 61,726 shares of the Wireless communications provider’s stock after selling 7,800 shares during the period. China Mobile accounts for 2.8% of Lesa Sroufe & Co’s investment portfolio, making the stock its 11th biggest holding. Lesa Sroufe & Co’s holdings in China Mobile were worth $1,985,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of the company. Ritholtz Wealth Management acquired a new...