683 Capital Management LLC bought a new stake in shares of Hyliion Holdings Corp. (NYSE:HYLN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 350,000 shares of the company's stock, valued at approximately $914,000. 683 Capital Management LLC owned approximately 0.20% of Hyliion as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its stake in shares of Hyliion by 1,184.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 371,463 shares of the company's stock worth $970,000 after purchasing an additional 342,546 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Hyliion by 405.6% during the fourth quarter. JPMorgan Chase & Co. now owns 321,008 shares of the company's stock valued at $838,000 after buying an additional 257,514 shares during the last quarter. Barclays PLC lifted its position in Hyliion by 272.1% during the 3rd quarter. Barclays PLC now owns 184,685 shares of the company's stock worth $459,000 after acquiring an additional 135,055 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Hyliion by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,065,720 shares of the company's stock valued at $2,782,000 after buying an additional 8,326 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Hyliion by 49.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,290,566 shares of the company's stock valued at $3,368,000 after acquiring an additional 424,866 shares during the last quarter. 22.81% of the stock is owned by hedge funds and other institutional investors.
Hyliion Trading Up 5.0 %
Shares of NYSE HYLN traded up $0.08 during trading on Wednesday, reaching $1.63. 168,620 shares of the company traded hands, compared to its average volume of 951,740. The firm's fifty day simple moving average is $1.48 and its 200 day simple moving average is $2.21. The stock has a market cap of $284.43 million, a P/E ratio of -4.39 and a beta of 2.76. Hyliion Holdings Corp. has a 12-month low of $1.17 and a 12-month high of $4.10.
Hyliion Company Profile
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