New Mexico Educational Retirement Board raised its position in shares of Alcoa Co. ( NYSE:AA – Free Report ) by 13.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,200 shares of the industrial products company's stock after buying an additional 4,200 shares during the quarter. New Mexico Educational Retirement Board's holdings in Alcoa were worth $1,228,000 at the end of the most recent quarter. A number of other hedge funds have also recently modified their holdings of AA.

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