MHProNews has learned from financialnewsnetwork that Russell Frank Co. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) during Q4 2015 by 4.5 percent following its acquisition of 14,228 additional shares.

According to a filing with the Securities and Exchange Commission (SEC), the firm now owns 350,055 shares of the real estate investment trust’s (REIT) stock, approximately 0.39 percent valued at $22,027,000.

ELS has interest in 380 manufactured home and recreational vehicle communities comprised of over 140,000 home sites. ##

(Photo credit: Equity LifeStyle Properties–Colony Cove manufactured home community- Ellenton, FL)Article submitted by Matthew J. Silver to Daily Business News-MHProNews.