Cetera Investment Advisers lifted its holdings in QXO, Inc. (NASDAQ:QXO - Free Report) by 219.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,602 shares of the company's stock after buying an additional 25,818 shares during the period. Cetera Investment Advisers' holdings in QXO were worth $598,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in QXO. SG Americas Securities LLC boosted its stake in shares of QXO by 45.8% during the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock worth $152,000 after purchasing an additional 3,000 shares during the period. Invesco Ltd. purchased a new stake in QXO in the 4th quarter valued at about $164,000. Entropy Technologies LP purchased a new stake in QXO in the 4th quarter valued at about $169,000. Wealth Effects LLC purchased a new stake in QXO in the 4th quarter valued at about $191,000. Finally, Provident Wealth Management LLC purchased a new stake in QXO in the 4th quarter valued at about $198,000. 58.68% of the stock is currently owned by institutional investors.
QXO Stock Performance
QXO stock traded up $0.17 during trading hours on Thursday, hitting $17.15. The company had a trading volume of 6,430,702 shares, compared to its average volume of 2,866,814. The firm has a market cap of $8.96 billion, a P/E ratio of -1.88, a P/E/G ratio of 4.09 and a beta of 2.27. QXO, Inc. has a 1 year low of $10.61 and a 1 year high of $290.00. The company has a 50-day moving average price of $14.33 and a two-hundred day moving average price of $14.56.
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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