TCG Crossover Management LLC bought a new stake in shares of Upstream Bio, Inc. (NASDAQ:UPB - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,801,763 shares of the company's stock, valued at approximately $44,856,000. Upstream Bio makes up approximately 4.4% of TCG Crossover Management LLC's portfolio, making the stock its 7th largest position. TCG Crossover Management LLC owned 5.23% of Upstream Bio at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of UPB. US Bancorp DE bought a new position in Upstream Bio during the fourth quarter valued at $27,000. Legal & General Group Plc bought a new position in shares of Upstream Bio in the 4th quarter valued at about $28,000. Summit Investment Advisors Inc. bought a new position in shares of Upstream Bio in the 4th quarter valued at about $30,000. Tower Research Capital LLC TRC bought a new stake in Upstream Bio during the fourth quarter worth approximately $47,000. Finally, Corebridge Financial Inc. bought a new stake in Upstream Bio during the fourth quarter worth approximately $142,000.
Upstream Bio Price Performance
Shares of NASDAQ:UPB traded down $0.36 during trading on Friday, hitting $8.64. The company had a trading volume of 484,378 shares, compared to its average volume of 324,226. The company has a fifty day simple moving average of $7.96 and a two-hundred day simple moving average of $14.07. Upstream Bio, Inc. has a one year low of $5.14 and a one year high of $29.46.
Upstream Bio Profile
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Free Report)
Upstream Bio, Inc, a clinical-stage biotechnology company, develops treatments for inflammatory diseases that focuses on severe respiratory disorders. It develops verekitug, a monoclonal antibody that targets and inhibits the thymic stromal lymphopoietin receptor. The company also develops therapies to treat severe asthma, chronic rhinosinusitis with nasal polyps, and chronic obstructive pulmonary disease.
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