Nuveen Asset Management LLC purchased a new stake in Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 330,800 shares of the company's stock, valued at approximately $347,000.
Several other institutional investors have also recently made changes to their positions in PSNY. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Polestar Automotive Holding UK in the 4th quarter valued at about $504,000. Tobam bought a new stake in shares of Polestar Automotive Holding UK during the fourth quarter valued at approximately $65,000. Handelsbanken Fonder AB acquired a new position in shares of Polestar Automotive Holding UK during the fourth quarter worth approximately $115,000. Bank of New York Mellon Corp acquired a new position in shares of Polestar Automotive Holding UK during the fourth quarter worth approximately $37,000. Finally, Raymond James Financial Inc. bought a new position in shares of Polestar Automotive Holding UK in the 4th quarter worth $33,000. Institutional investors and hedge funds own 1.02% of the company's stock.
Polestar Automotive Holding UK Stock Up 2.9%
PSNY stock traded up $0.03 during midday trading on Monday, reaching $1.05. 2,713,704 shares of the company's stock traded hands, compared to its average volume of 7,151,190. The firm's fifty day moving average price is $1.05 and its 200-day moving average price is $1.07. Polestar Automotive Holding UK PLC has a 52 week low of $0.61 and a 52 week high of $1.94. The company has a market cap of $2.24 billion, a price-to-earnings ratio of -1.84 and a beta of 1.43.
About Polestar Automotive Holding UK
(
Free Report)
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
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