State of New Jersey Common Pension Fund D Purchases Shares of 6,651 Ituran Location and Control Ltd. (NASDAQ:ITRN)

State of New Jersey Common Pension Fund D acquired a new stake in Ituran Location and Control Ltd. (NASDAQ:ITRN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,651 shares of the industrial products company’s stock, valued at approximately $207,000.

A number of other hedge funds have also recently made changes to their positions in ITRN. Van ECK Associates Corp increased its holdings in Ituran Location and Control by 11.3% in the 4th quarter. Van ECK Associates Corp now owns 3,871 shares of the industrial products company’s stock valued at $121,000 after acquiring an additional 392 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Ituran Location and Control by 63.4% during the third quarter. Blue Trust Inc. now owns 1,541 shares of the industrial products company’s stock valued at $38,000 after buying an additional 598 shares during the last quarter. CWA Asset Management Group LLC raised its stake in Ituran Location and Control by 20.3% in the fourth quarter. CWA Asset Management Group LLC now owns 12,708 shares of the industrial products company’s stock valued at $396,000 after buying an additional 2,144 shares during the last quarter. DGS Capital Management LLC raised its stake in Ituran Location and Control by 14.8% in the 3rd quarter. DGS Capital Management LLC now owns 19,030 shares of the industrial products company’s stock worth $505,000 after acquiring an additional 2,460 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in Ituran Location and Control during the 4th quarter worth about $117,000. Institutional investors own 94.80% of the company’s stock.

Ituran Location and Control Stock Down 1.1 %

Shares of Ituran Location and Control stock opened at $40.14 on Wednesday. The firm has a market cap of $798.45 million, a PE ratio of 15.38 and a beta of 1.15. Ituran Location and Control Ltd. has a twelve month low of $24.12 and a twelve month high of $43.83. The business has a 50-day moving average price of $33.35 and a 200 day moving average price of $29.79.

Ituran Location and Control Company Profile

Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.