5,279,455 Shares in eXp World Holdings, Inc. (NASDAQ:EXPI) Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. purchased a new position in eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,279,455 shares of the technology company's stock, valued at approximately $60,767,000. Pacer Advisors Inc. owned approximately 3.44% of eXp World at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Financial Advocates Investment Management boosted its position in shares of eXp World by 9.6% during the third quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company's stock worth $160,000 after acquiring an additional 1,000 shares during the last quarter. Amalgamated Bank boosted its holdings in shares of eXp World by 6.1% during the 3rd quarter. Amalgamated Bank now owns 24,396 shares of the technology company's stock valued at $344,000 after purchasing an additional 1,412 shares during the last quarter. Olympiad Research LP grew its position in shares of eXp World by 4.7% during the third quarter. Olympiad Research LP now owns 38,846 shares of the technology company's stock valued at $547,000 after purchasing an additional 1,734 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of eXp World by 4.9% in the third quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company's stock worth $576,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of eXp World by 3.3% in the third quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company's stock worth $936,000 after buying an additional 2,126 shares in the last quarter. 27.17% of the stock is currently owned by institutional investors.

Insider Activity at eXp World

In other news, CAO Jian Cheng sold 18,750 shares of the firm's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $13.81, for a total value of $258,937.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $11.59, for a total value of $289,750.00. Following the completion of the transaction, the chief executive officer now owns 40,072,450 shares of the company's stock, valued at approximately $464,439,695.50. This trade represents a 0.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 530,736 shares of company stock valued at $6,945,940 over the last 90 days. 35.70% of the stock is owned by corporate insiders.

eXp World Stock Down 1.0 %

eXp World stock traded down $0.12 during midday trading on Friday, reaching $11.38. 650,025 shares of the stock traded hands, compared to its average volume of 940,875. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $15.39. The stock's fifty day moving average is $12.18 and its 200-day moving average is $12.86. The stock has a market cap of $1.75 billion, a P/E ratio of -51.73 and a beta of 2.30.

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.76%. The ex-dividend date was Monday, November 18th. eXp World's dividend payout ratio is presently -90.91%.

eXp World Profile

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.