Franklin Resources Inc. Has 5.77 Million Holdings in Freeport-McMoRan Inc. (NYSE:FCX)
Franklin Resources Inc. boosted its stake in shares of Freeport-McMoRan Inc. ( NYSE:FCX – Get Rating ) by 131.5% during the 4th quarter, Holdings C...
Franklin Resources Inc. boosted its stake in shares of Freeport-McMoRan Inc. ( NYSE:FCX – Get Rating ) by 131.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,414,862 shares of the natural resource company's stock after purchasing an additional 5,916,905 shares during the quarter. Franklin Resources Inc.'s holdings in Freeport-McMoRan were worth $395,765,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently bought and sold shares of the stock.