Bulltick Wealth Management LLC Buys New Stake in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Key Points

• Bulltick Wealth Management LLC has acquired a new position in KULR Technology Group, purchasing 350,000 shares valued at approximately $462,000, representing 0.13% ownership.
• Major institutional investors, including Vanguard Group and JPMorgan Chase, have significantly increased their stakes in KULR Technology Group during the fourth quarter, highlighting growing interest in the company.
• KULR stock has shown considerable volatility with a 1-year range between $1.60 and $43.92, and currently opens at $5.26 with a market cap of about $200.93 million.

Bulltick Wealth Management LLC bought a new stake in KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 350,000 shares of the company's stock, valued at approximately $462,000. Bulltick Wealth Management LLC owned 0.13% of KULR Technology Group at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of KULR Technology Group by 23,476.3% in the fourth quarter. Bank of America Corp DE now owns 297,769 shares of the company's stock valued at $1,057,000 after purchasing an additional 296,506 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of KULR Technology Group in the first quarter valued at about $103,000. Vanguard Group Inc. grew its position in shares of KULR Technology Group by 71.8% in the fourth quarter. Vanguard Group Inc. now owns 8,247,336 shares of the company's stock valued at $29,278,000 after purchasing an additional 3,446,894 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of KULR Technology Group in the fourth quarter valued at about $120,000. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of KULR Technology Group in the first quarter valued at about $86,000. 21.23% of the stock is owned by institutional investors and hedge funds.

KULR Technology Group Stock Performance

Shares of KULR Technology Group stock traded down $0.12 on Thursday, reaching $5.27. The company had a trading volume of 3,215,131 shares, compared to its average volume of 2,204,318. The firm's 50 day moving average price is $6.65 and its two-hundred day moving average price is $11.39. The firm has a market cap of $201.31 million, a PE ratio of -5.07 and a beta of 2.12. KULR Technology Group, Inc. has a 52-week low of $1.64 and a 52-week high of $43.92.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.