Envestnet Asset Management Inc. Buys 25,218 Shares of Freeport-McMoRan Inc. $FCX

Envestnet Asset Management Inc. increased its stake in Freeport-McMoRan Inc. by 1.3% during the second quarter, purchasing 25,218 additional shares to reach 1.94 million shares valued at approximately $122 million. Other institutional investors also adjusted their positions, and collectively, institutional investors own 80.77% of FCX. Freeport-McMoRan reported strong quarterly earnings of $0.74 per share, exceeding estimates, and analysts maintain a "Moderate Buy" rating with an expected full-ye