Corning Inc (glw) Most Bought Telecom Eq Fiber Optics Stock By Number Of Institutions

July 17, 2011 - PRLog -- MFFAIS.com featured their Quarterly Telecom Eq Fiber Optics Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.

Highlights included:

* Corning Inc (GLW) leads industry in number of funds buying shares 33.13% of industry buys

* Clearfield Inc (CLFD) had the highest overall confidence score (relation of funds buying versus fund selling)

* Jds Uniphase Corp (JDSU) had second highest number of funds buying shares 16.15% of industry buys

* Optical Cable Corp (OCCF) had the second highest overall confidence score (relation of funds buying versus fund selling)

* The top 30 moves by funds in the industry by value of trade shows:

a) 50.00% buys versus 50.00% sells
b) Corning Inc (GLW) buys were 43.33% of all activity, 86.66% of number of buys and 93.35% of value of buy trades
c) Jds Uniphase Corp (JDSU) buys were 6.66% of all activity, 13.33% of number of buys and 6.64% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Jds Uniphase Corp (JDSU)

*  When institutions own multiple industry stocks, the most sold industry stock was Corning Inc (GLW)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

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