XTX Topco Ltd Buys Shares of 36,417 ZEEKR Intelligent Technology Holding Limited (NYSE:ZK)

XTX Topco Ltd acquired a new stake in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 36,417 shares of the company's stock, valued at approximately $1,034,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. acquired a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter valued at $341,000. Barclays PLC grew its stake in shares of ZEEKR Intelligent Technology by 28.5% in the 3rd quarter. Barclays PLC now owns 9,456 shares of the company's stock worth $211,000 after purchasing an additional 2,097 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter worth approximately $86,000. Arrowstreet Capital Limited Partnership acquired a new stake in ZEEKR Intelligent Technology during the fourth quarter valued at approximately $768,000. Finally, Renaissance Capital LLC boosted its holdings in ZEEKR Intelligent Technology by 119.0% during the fourth quarter. Renaissance Capital LLC now owns 49,697 shares of the company's stock worth $1,410,000 after buying an additional 27,001 shares in the last quarter.

ZEEKR Intelligent Technology Price Performance

Shares of ZK traded down $0.79 during trading hours on Monday, hitting $18.19. 171,444 shares of the company were exchanged, compared to its average volume of 833,827. The firm has a fifty day simple moving average of $24.87 and a 200-day simple moving average of $25.46. The company has a market capitalization of $4.62 billion and a PE ratio of -4.64. ZEEKR Intelligent Technology Holding Limited has a one year low of $13.00 and a one year high of $33.32.

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.