Intel Corp purchased a new position in shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,529,411 shares of the company's stock, valued at approximately $71,785,000. ZEEKR Intelligent Technology comprises approximately 32.4% of Intel Corp's investment portfolio, making the stock its 2nd largest holding. Intel Corp owned about 1.01% of ZEEKR Intelligent Technology at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. bought a new position in ZEEKR Intelligent Technology in the 4th quarter worth $22,125,000. Renaissance Capital LLC raised its stake in ZEEKR Intelligent Technology by 119.0% in the fourth quarter. Renaissance Capital LLC now owns 49,697 shares of the company's stock worth $1,410,000 after buying an additional 27,001 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in ZEEKR Intelligent Technology in the fourth quarter worth about $910,000. Y Intercept Hong Kong Ltd purchased a new stake in ZEEKR Intelligent Technology in the third quarter worth about $605,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in ZEEKR Intelligent Technology during the 4th quarter valued at approximately $768,000.
ZEEKR Intelligent Technology Stock Down 2.0 %
Shares of NYSE:ZK traded down $0.38 during trading on Wednesday, hitting $18.98. The stock had a trading volume of 403,779 shares, compared to its average volume of 837,847. The company has a market capitalization of $4.82 billion and a PE ratio of -4.79. The firm's fifty day moving average is $25.91 and its 200 day moving average is $25.53. ZEEKR Intelligent Technology Holding Limited has a 12 month low of $13.00 and a 12 month high of $33.32.
ZEEKR Intelligent Technology Profile
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Free Report)
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
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