Cetera Investment Advisers Takes Position in KULR Technology Group, Inc. $KULR

Key Points

• Cetera Investment Advisers has invested approximately $744,000 in KULR Technology Group, acquiring 563,549 shares during the first quarter, representing about 0.21% of the company's stock.
• Other institutional investors have also recently increased their stakes in KULR Technology Group, contributing to a total institutional ownership of 21.23%.
• KULR Technology Group shares opened at $5.27, with a 1-year low of $1.64 and a high of $43.92, indicating significant volatility in its stock price.

Cetera Investment Advisers acquired a new position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 563,549 shares of the company's stock, valued at approximately $744,000. Cetera Investment Advisers owned about 0.21% of KULR Technology Group at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Geode Capital Management LLC increased its position in shares of KULR Technology Group by 11.8% during the fourth quarter. Geode Capital Management LLC now owns 1,738,346 shares of the company's stock worth $6,174,000 after acquiring an additional 183,091 shares during the period. Northern Trust Corp increased its stake in shares of KULR Technology Group by 85.5% during the fourth quarter. Northern Trust Corp now owns 373,815 shares of the company's stock valued at $1,327,000 after buying an additional 172,339 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in shares of KULR Technology Group during the fourth quarter valued at $1,231,000. Bank of America Corp DE raised its holdings 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 acquiring an additional 296,506 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in KULR Technology Group by 84.5% in the fourth quarter. Millennium Management LLC now owns 249,228 shares of the company's stock worth $885,000 after acquiring an additional 114,114 shares during the period. Hedge funds and other institutional investors own 21.23% of the company's stock.

KULR Technology Group Price Performance

KULR Technology Group stock traded down $0.02 during trading hours on Tuesday, reaching $5.13. The stock had a trading volume of 1,132,189 shares, compared to its average volume of 2,256,297. The company has a market cap of $195.97 million, a price-to-earnings ratio of -8.93 and a beta of 2.12. The business's 50 day moving average price is $6.40 and its 200-day moving average price is $10.73. KULR Technology Group, Inc. has a 52 week low of $1.67 and a 52 week high of $43.92.

About KULR Technology Group

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.