Summit Trail Advisors LLC Has $387,000 Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Summit Trail Advisors LLC trimmed its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 5.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 228 shares of the insurance provider’s stock after selling 13 shares during the period. Summit Trail Advisors LLC’s holdings in White Mountains Insurance Group were worth $387,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Main Street Financial Solutions LLC boosted its position in White Mountains Insurance Group by 0.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock worth $1,816,000 after acquiring an additional 7 shares during the last quarter. UMB Bank n.a. grew its position in White Mountains Insurance Group by 40.0% in the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after purchasing an additional 8 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in White Mountains Insurance Group by 250.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after buying an additional 10 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its position in White Mountains Insurance Group by 3.3% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 317 shares of the insurance provider’s stock worth $538,000 after buying an additional 10 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of White Mountains Insurance Group by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 715 shares of the insurance provider’s stock worth $1,299,000 after buying an additional 11 shares during the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Performance

WTM opened at $2,004.53 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The business’s 50-day simple moving average is $1,821.67 and its 200 day simple moving average is $1,781.04. The firm has a market capitalization of $5.15 billion, a PE ratio of 7.93 and a beta of 0.43. White Mountains Insurance Group, Ltd. has a 52-week low of $1,401.01 and a 52-week high of $2,022.00.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.