Bank of New York Mellon Corp acquired 1,143,523 shares of BWX Technologies, Inc. during the second quarter. The institutional investor’s new stake is valued at approximately $222.59 million. This purchase gives BNY Mellon ownership of about 1.25% of the nuclear technology company.
Other investment firms also reported new positions in BWXT during the same period. Heartland Advisors Inc. purchased 6,601 shares of the manufacturer. The Heartland position is valued at approximately $1.29 million. German firm B. Metzler seel. Sohn & Co. AG acquired a new stake of 9,481 shares. This investment is worth about $1.84 million.
These filings indicate a growing interest from institutional investors in the nuclear components sector.