JPMorgan Chase & Co. Increases Stake in Hyliion Holdings Corp. (NYSE:HYLN)

JPMorgan Chase & Co. boosted its holdings in Hyliion Holdings Corp. (NYSE:HYLN - Free Report) by 405.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 321,008 shares of the company's stock after purchasing an additional 257,514 shares during the period. JPMorgan Chase & Co. owned approximately 0.18% of Hyliion worth $838,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its stake in shares of Hyliion by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,065,720 shares of the company's stock worth $2,782,000 after buying an additional 8,326 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Hyliion by 1,184.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 371,463 shares of the company's stock valued at $970,000 after acquiring an additional 342,546 shares during the period. Jane Street Group LLC raised its stake in shares of Hyliion by 79.3% during the third quarter. Jane Street Group LLC now owns 265,302 shares of the company's stock valued at $658,000 after acquiring an additional 117,358 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Hyliion by 4.3% during the fourth quarter. Rhumbline Advisers now owns 219,617 shares of the company's stock worth $573,000 after purchasing an additional 8,979 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Hyliion by 50.8% in the fourth quarter. American Century Companies Inc. now owns 184,983 shares of the company's stock worth $483,000 after purchasing an additional 62,287 shares during the last quarter. 22.81% of the stock is currently owned by hedge funds and other institutional investors.

Hyliion Price Performance

HYLN traded up $0.11 during midday trading on Friday, reaching $1.62. 708,935 shares of the company's stock traded hands, compared to its average volume of 957,171. Hyliion Holdings Corp. has a 52 week low of $1.17 and a 52 week high of $4.10. The firm has a fifty day moving average of $1.49 and a two-hundred day moving average of $2.22. The stock has a market capitalization of $283.21 million, a price-to-earnings ratio of -4.38 and a beta of 2.52.

Hyliion Company Profile