SG Americas Securities LLC grew its position in RLX Technology Inc. (NYSE:RLX – Free Report) by 7.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 303,215 shares of the company’s stock after buying an additional 21,476 shares during the quarter. SG Americas Securities LLC’s holdings in RLX Technology were worth $655,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of RLX. First Beijing Investment Ltd increased its position in RLX Technology by 33.6% in the 3rd quarter. First Beijing Investment Ltd now owns 28,440,248 shares of the company’s stock valued at $51,477,000 after acquiring an additional 7,159,064 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of RLX Technology in the third quarter valued at approximately $2,386,000. Point72 Asset Management L.P. raised its position in RLX Technology by 8,292.2% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,313,300 shares of the company’s stock worth $2,377,000 after purchasing an additional 1,297,651 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in RLX Technology by 58.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,067 shares of the company’s stock worth $1,108,000 after buying an additional 225,200 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in RLX Technology by 14.5% in the 3rd quarter. Franklin Resources Inc. now owns 293,830 shares of the company’s stock valued at $497,000 after buying an additional 37,294 shares during the last quarter. 22.68% of the stock is owned by institutional investors and hedge funds.
RLX Technology Stock Performance
NYSE RLX opened at $2.22 on Friday. RLX Technology Inc. has a 52 week low of $1.50 and a 52 week high of $2.37. The stock has a market capitalization of $3.52 billion, a P/E ratio of 55.39 and a beta of 0.97. The stock has a fifty day moving average of $2.07 and a 200-day moving average of $1.82.
RLX Technology Dividend Announcement
RLX Technology Company Profile
RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.
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