Barclays PLC raised its holdings in shares of Hyliion Holdings Corp. (NYSE:HYLN – Free Report) by 13.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 209,806 shares of the company’s stock after acquiring an additional 25,121 shares during the period. Barclays PLC’s holdings in Hyliion were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in shares of Hyliion during the 4th quarter valued at approximately $43,000. Renaissance Technologies LLC increased its stake in shares of Hyliion by 49.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,290,566 shares of the company’s stock worth $3,368,000 after purchasing an additional 424,866 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Hyliion by 35.7% during the 4th quarter. Wells Fargo & Company MN now owns 93,123 shares of the company’s stock valued at $243,000 after purchasing an additional 24,474 shares during the period. ExodusPoint Capital Management LP bought a new position in Hyliion in the 4th quarter worth $81,000. Finally, JPMorgan Chase & Co. increased its stake in Hyliion by 405.6% in the 4th quarter. JPMorgan Chase & Co. now owns 321,008 shares of the company’s stock worth $838,000 after buying an additional 257,514 shares in the last quarter. 22.81% of the stock is currently owned by institutional investors.
Hyliion Stock Up 3.1 %
Shares of Hyliion stock opened at $1.67 on Friday. Hyliion Holdings Corp. has a 52 week low of $1.17 and a 52 week high of $4.10. The stock’s 50-day simple moving average is $1.48 and its 200-day simple moving average is $2.20. The company has a market capitalization of $291.95 million, a price-to-earnings ratio of -4.51 and a beta of 2.76.
About Hyliion
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