Invesco Ltd. reduced its position in Hyliion Holdings Corp. (NYSE:HYLN - Free Report) by 19.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,864,908 shares of the company's stock after selling 464,006 shares during the quarter. Invesco Ltd. owned approximately 1.07% of Hyliion worth $4,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Xponance Inc. bought a new position in Hyliion during the fourth quarter valued at $29,000. Cibc World Markets Corp bought a new position in shares of Hyliion in the 4th quarter valued at about $34,000. Raymond James Financial Inc. purchased a new position in Hyliion in the fourth quarter worth about $43,000. AXQ Capital LP bought a new stake in Hyliion during the fourth quarter worth approximately $46,000. Finally, EntryPoint Capital LLC purchased a new stake in Hyliion during the fourth quarter valued at approximately $81,000. 22.81% of the stock is currently owned by institutional investors.
Hyliion Trading Down 0.3 %
NYSE:HYLN traded down $0.01 during midday trading on Thursday, hitting $1.51. 96,138 shares of the company traded hands, compared to its average volume of 959,492. The firm has a market capitalization of $263.10 million, a P/E ratio of -4.07 and a beta of 2.52. The firm's fifty day moving average is $1.50 and its 200-day moving average is $2.24. Hyliion Holdings Corp. has a 12-month low of $1.17 and a 12-month high of $4.10.
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