IPG Investment Advisors Adds MetLife Stake, Shares Rise on Earnings Beat
IPG Investment Advisors LLC bought 22,623 MetLife shares for about $1.9M, adding to California State Teachers Retirement System’s larger stake. The fund now holds 73.77M shares worth about $6.24B after a last-quarter purchase. MetLife reported $2.43 EPS, beating consensus, and maintains buyback authorization for up to 4.8% of shares.