PEAK6 LLC Grows Stock Holdings in KULR Technology Group, Inc. $KULR

Key Points

• PEAK6 LLC significantly increased its stake in KULR Technology Group by purchasing 424,000 shares, growing its total holdings by 2,585.4% during the first quarter.
• KULR Technology Group's stock is currently trading at $4.70, with a market capitalization of $193.22 million and a yearly price range between $1.77 and $43.92.
• Institutional investors and hedge funds collectively own 21.23% of KULR Technology Group, indicating growing interest from large financial entities in the company's prospects.

PEAK6 LLC lifted its position in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) by 2,585.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 440,400 shares of the company's stock after acquiring an additional 424,000 shares during the quarter. PEAK6 LLC owned 0.16% of KULR Technology Group worth $581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cetera Investment Advisers purchased a new position in KULR Technology Group in the 1st quarter valued at about $744,000. Northern Trust Corp increased its holdings in shares of KULR Technology Group by 85.5% during the 4th quarter. Northern Trust Corp now owns 373,815 shares of the company's stock worth $1,327,000 after buying an additional 172,339 shares during the last quarter. Bulltick Wealth Management LLC acquired a new stake in KULR Technology Group in the 1st quarter valued at approximately $462,000. OMERS ADMINISTRATION Corp acquired a new stake in KULR Technology Group in the 4th quarter valued at approximately $1,231,000. Finally, Bank of America Corp DE increased its holdings in KULR Technology Group by 23,476.3% in the 4th 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 last quarter. 21.23% of the stock is owned by hedge funds and other institutional investors.

KULR Technology Group Stock Down 5.3%

KULR stock traded down $0.24 during midday trading on Friday, hitting $4.21. The company's stock had a trading volume of 1,352,930 shares, compared to its average volume of 2,201,135. KULR Technology Group, Inc. has a 52-week low of $1.77 and a 52-week high of $43.92. The firm has a market capitalization of $172.87 million, a P/E ratio of -7.27 and a beta of 2.10. The firm has a 50-day simple moving average of $5.72 and a 200-day simple moving average of $9.27.

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.