Cetera Investment Advisers boosted its position in QXO, Inc. (NASDAQ:QXO - Free Report) by 219.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 37,602 shares of the company's stock after purchasing an additional 25,818 shares during the period. Cetera Investment Advisers' holdings in QXO were worth $598,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of QXO. SG Americas Securities LLC boosted its holdings in QXO by 45.8% in the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock worth $152,000 after buying an additional 3,000 shares during the period. Invesco Ltd. purchased a new stake in QXO during the fourth quarter valued at about $164,000. Entropy Technologies LP purchased a new stake in QXO during the fourth quarter valued at about $169,000. Wealth Effects LLC purchased a new stake in QXO during the fourth quarter valued at about $191,000. Finally, Provident Wealth Management LLC purchased a new stake in QXO during the fourth quarter valued at about $198,000. 58.68% of the stock is owned by institutional investors.
QXO Stock Down 0.4%
Shares of QXO traded down $0.07 during trading hours on Friday, hitting $17.04. The company had a trading volume of 7,117,064 shares, compared to its average volume of 2,884,142. The firm has a market cap of $8.90 billion, a P/E ratio of -1.87, a P/E/G ratio of 4.09 and a beta of 2.27. The stock's 50 day moving average price is $14.46 and its 200 day moving average price is $14.57. QXO, Inc. has a 52-week low of $10.61 and a 52-week high of $290.00.
QXO Company Profile
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Free Report)
QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.
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