Swiss National Bank bought a new position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 684,500 shares of the company's stock, valued at approximately $10,884,000. Swiss National Bank owned approximately 0.17% of QXO as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Summit Trail Advisors LLC raised its stake in QXO by 1.3% during the 4th quarter. Summit Trail Advisors LLC now owns 115,967 shares of the company's stock valued at $1,844,000 after acquiring an additional 1,497 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of QXO during the third quarter worth approximately $41,000. SG Americas Securities LLC lifted its holdings in shares of QXO by 45.8% during the fourth quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock worth $152,000 after purchasing an additional 3,000 shares during the period. Verdence Capital Advisors LLC increased its stake in QXO by 23.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 15,908 shares of the company's stock valued at $253,000 after buying an additional 3,050 shares during the period. Finally, Simon Quick Advisors LLC raised its position in QXO by 24.0% during the 4th quarter. Simon Quick Advisors LLC now owns 15,834 shares of the company's stock worth $252,000 after buying an additional 3,064 shares during the last quarter. Institutional investors and hedge funds own 58.68% of the company's stock.
QXO Trading Up 8.6 %
Shares of NASDAQ:QXO traded up $1.09 during midday trading on Monday, hitting $13.76. The stock had a trading volume of 6,869,193 shares, compared to its average volume of 2,139,909. QXO, Inc. has a 1 year low of $10.61 and a 1 year high of $290.00. The stock has a 50 day moving average price of $13.34 and a two-hundred day moving average price of $14.80. The company has a market capitalization of $5.63 billion, a PE ratio of -1.51, a P/E/G ratio of 4.09 and a beta of 2.35.
QXO Company Profile
(
Free Report)
QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.
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