PFG Investments LLC Acquires New Position in Zhihu Inc. Sponsored ADR (NYSE:ZH)

PFG Investments LLC bought a new position in shares of Zhihu Inc. Sponsored ADR (NYSE:ZH - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 76,500 shares of the company's stock, valued at approximately $327,000. PFG Investments LLC owned about 0.09% of Zhihu at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Wolverine Trading LLC acquired a new stake in shares of Zhihu in the fourth quarter valued at about $38,000. New York State Common Retirement Fund lifted its stake in Zhihu by 93.8% in the 4th quarter. New York State Common Retirement Fund now owns 31,666 shares of the company's stock worth $112,000 after purchasing an additional 15,325 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Zhihu during the 4th quarter valued at approximately $67,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Zhihu by 55.1% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 81,433 shares of the company's stock valued at $288,000 after buying an additional 28,943 shares during the period. Finally, E Fund Management Co. Ltd. raised its position in shares of Zhihu by 83.1% during the 4th quarter. E Fund Management Co. Ltd. now owns 150,848 shares of the company's stock valued at $534,000 after buying an additional 68,458 shares during the period. Hedge funds and other institutional investors own 28.92% of the company's stock.

Zhihu Stock Up 2.6%

NYSE ZH traded up $0.10 on Friday, reaching $3.93. The stock had a trading volume of 324,642 shares, compared to its average volume of 454,947. The firm has a market capitalization of $343.17 million, a price-to-earnings ratio of -196.50 and a beta of 0.17. Zhihu Inc. Sponsored ADR has a 12-month low of $2.65 and a 12-month high of $6.32. The stock has a fifty day moving average price of $3.91 and a two-hundred day moving average price of $4.05.

Zhihu (NYSE:ZH - Get Free Report) last announced its earnings results on Wednesday, March 26th. The company reported $0.14 earnings per share (EPS) for the quarter. Zhihu had a negative return on equity of 0.41% and a negative net margin of 0.52%. The company had revenue of $117.71 million for the quarter.

Zhihu Profile

Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.