EARNEST Partners discloses 5.7% Archrock (AROC) ownership in amended 13G
Rhea-AI Filing Summary
Archrock, Inc. received an amended Schedule 13G from institutional investor EARNEST Partners, LLC, a Delaware investment adviser, reporting beneficial ownership of 10,034,788 shares of Archrock common stock, representing 5.7% of the outstanding class as of the reporting date.
EARNEST Partners reports sole voting power over 7,066,954 shares and shared voting power over 1,788,919 shares, with sole dispositive power over all 10,034,788 shares. The firm states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Archrock. It also notes that no individual client holds more than five percent of the class.
Positive
- None.
Negative
- None.