News Snapshot:
Trexquant Investment LP acquired a new stake in China Petroleum & Chemical Co. (NYSE:SNP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,651 shares of the oil and gas company’s stock, valued at approximately $390,000. Several other hedge funds and other institutional investors have also bought and sold shares of the company. BTC Capital Management Inc. boosted its stake in shares of China Petroleum & Chemical by 4.6% in the third quarter. BTC Capital Management Inc. now owns 6,376 shares of the oil...