XTX Topco Ltd Invests $136,000 in KULR Technology Group, Inc. (NYSEAMERICAN:KULR)

Key Points

• XTX Topco Ltd has invested approximately $136,000 in KULR Technology Group, acquiring 102,974 shares of the company's stock.
• Several institutional investors significantly increased their holdings in KULR, including Two Sigma Investments LP, which boosted its position by 69.0%.
• KULR Technology Group's stock has experienced a decline of 2.2%, with current trading prices around $5.27, despite having a 52-week high of $43.92.

XTX Topco Ltd acquired a new stake in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 102,974 shares of the company's stock, valued at approximately $136,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Two Sigma Investments LP increased its position in KULR Technology Group by 69.0% during the 4th quarter. Two Sigma Investments LP now owns 20,199 shares of the company's stock valued at $72,000 after purchasing an additional 8,250 shares during the period. Gotham Asset Management LLC purchased a new position in KULR Technology Group during the 4th quarter valued at about $39,000. Brevan Howard Capital Management LP purchased a new position in KULR Technology Group during the 4th quarter valued at about $41,000. Alteri Wealth LLC purchased a new position in KULR Technology Group during the 4th quarter valued at about $57,000. Finally, Squarepoint Ops LLC purchased a new position in KULR Technology Group during the 4th quarter valued at about $69,000. Institutional investors own 21.23% of the company's stock.

KULR Technology Group Stock Down 2.2%

Shares of KULR Technology Group stock opened at $5.27 on Friday. The firm's 50 day moving average price is $6.58 and its 200-day moving average price is $11.21. KULR Technology Group, Inc. has a 52-week low of $1.64 and a 52-week high of $43.92. The company has a market cap of $201.31 million, a P/E ratio of -5.07 and a beta of 2.12.

KULR Technology Group 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.

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