Sat Sep 21 11:37:01 UTC 2024: ## Mercer Global Advisors Boosts Stake in Relx PLC, Other Investors Follow Suit
**New York, NY – September 21, 2024** – Mercer Global Advisors Inc. ADV, a prominent institutional investor, increased its holdings in Relx Plc (NYSE: RELX) by 4.8% in the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission. The firm now owns 145,840 shares of the technology company, valued at $6,691,000.
Mercer Global Advisors’ move is part of a broader trend of institutional investors increasing their exposure to Relx. Capital International Investors, for example, grew its stake in the company by 22.6% during the first quarter, while Captrust Financial Advisors raised its holdings by a substantial 185.6%.
Other notable investors include Optiver Holding B.V., who purchased a new stake in Relx during the fourth quarter, and Goldman Sachs Group Inc., who lifted their stake by 13.5% in the same period. Hedge funds and other institutional investors now own 15.02% of the company’s stock.
Relx, which provides information-based analytics and decision tools for professional and business customers globally, has attracted attention from analysts as well. Citigroup upgraded the company’s shares to a “strong-buy” rating, while StockNews.com downgraded it to a “hold.”
Relx’s stock opened at $47.99 on Friday, with a 50-day moving average of $46.23 and a 200-day moving average of $44.58. The company recently declared a semi-annual dividend of $0.234, representing a yield of 1.6%.
**About Relx PLC**
Relx PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. The company operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions.
First Piper 