Legal & General Group Plc Acquires Shares of 14,806 ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

Legal & General Group Plc bought a new position in ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 14,806 shares of the company’s stock, valued at approximately $420,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ZK. China Universal Asset Management Co. Ltd. bought a new position in ZEEKR Intelligent Technology during the 4th quarter valued at about $341,000. Barclays PLC lifted its position in ZEEKR Intelligent Technology by 28.5% during the third quarter. Barclays PLC now owns 9,456 shares of the company’s stock valued at $211,000 after purchasing an additional 2,097 shares during the period. Quantbot Technologies LP purchased a new stake in ZEEKR Intelligent Technology in the fourth quarter worth approximately $86,000. Arrowstreet Capital Limited Partnership bought a new stake in ZEEKR Intelligent Technology in the 4th quarter worth approximately $768,000. Finally, Renaissance Capital LLC raised its stake in ZEEKR Intelligent Technology by 119.0% during the 4th quarter. Renaissance Capital LLC now owns 49,697 shares of the company’s stock valued at $1,410,000 after buying an additional 27,001 shares during the last quarter.

ZEEKR Intelligent Technology Price Performance

ZK stock opened at $21.77 on Wednesday. ZEEKR Intelligent Technology Holding Limited has a 1 year low of $13.00 and a 1 year high of $33.32. The company has a market cap of $5.53 billion and a P/E ratio of -5.55. The stock’s fifty day moving average price is $24.19 and its 200-day moving average price is $25.22.

ZEEKR Intelligent Technology Profile

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.