FMR LLC bought a new position in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 3,736,310 shares of the company's stock, valued at approximately $106,036,000. FMR LLC owned approximately 1.49% of ZEEKR Intelligent Technology as of its most recent filing with the SEC.
Other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in ZEEKR Intelligent Technology during the fourth quarter worth $309,000. Envestnet Asset Management Inc. purchased a new position in shares of ZEEKR Intelligent Technology in the fourth quarter valued at $202,000. Wells Fargo & Company MN acquired a new position in shares of ZEEKR Intelligent Technology during the 4th quarter worth $217,000. Intel Corp purchased a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter worth about $71,785,000. Finally, Franklin Resources Inc. acquired a new stake in ZEEKR Intelligent Technology in the 4th quarter valued at about $244,000.
ZEEKR Intelligent Technology Price Performance
ZK traded down $0.10 during midday trading on Friday, reaching $18.98. 391,664 shares of the company's stock were exchanged, compared to its average volume of 836,589. ZEEKR Intelligent Technology Holding Limited has a 1-year low of $13.00 and a 1-year high of $33.32. The stock has a market capitalization of $4.82 billion and a PE ratio of -4.84. The business's 50-day moving average price is $24.87 and its 200 day moving average price is $25.47.
About ZEEKR Intelligent Technology
(
Free Report)
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
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