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

Other large investors have also recently modified their holdings of the company. National Bank of Canada FI purchased a new stake in KULR Technology Group in the first quarter valued at about $240,000. Arkadios Wealth Advisors purchased a new position in shares of KULR Technology Group in the first quarter worth about $103,000. XTX Topco Ltd purchased a new position in shares of KULR Technology Group in the first quarter worth about $136,000. Cetera Investment Advisers purchased a new position in shares of KULR Technology Group in the first quarter worth about $744,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of KULR Technology Group by 112.9% in the first quarter. SBI Securities Co. Ltd. now owns 57,860 shares of the company's stock worth $76,000 after purchasing an additional 30,682 shares during the last quarter. Institutional investors own 21.23% of the company's stock.

KULR Technology Group Stock Performance

KULR Technology Group stock traded down $0.02 during midday trading on Friday, hitting $5.25. 8,995,203 shares of the company were exchanged, compared to its average volume of 1,808,981. The firm has a market capitalization of $200.55 million, a PE ratio of -9.05 and a beta of 2.12. KULR Technology Group, Inc. has a fifty-two week low of $1.64 and a fifty-two week high of $43.92. The business has a fifty day simple moving average of $6.50 and a two-hundred day simple moving average of $11.06.

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.