Gradient Capital Advisors LLC acquired a new position in United Parcel Service, Inc. ( NYSE:UPS – Get Rating ) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,067 shares of the transportation company's stock, valued at approximately $207,000. A number of other hedge funds have also made changes to their positions in the business. Worth Asset Management LLC acquired a new stake in shares of United Parcel Service in the first quarter valued at about $27,000.

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