Arrowstreet Capital Limited Partnership purchased a new stake in 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. The institutional investor purchased 27,055 shares of the company's stock, valued at approximately $768,000.
A number of other hedge funds also recently modified their holdings of the company. Quantbot Technologies LP bought a new position in ZEEKR Intelligent Technology during the fourth quarter worth about $86,000. JPMorgan Chase & Co. acquired a new stake in ZEEKR Intelligent Technology in the 4th quarter valued at $145,000. Barclays PLC grew its position in ZEEKR Intelligent Technology by 28.5% in the third quarter. Barclays PLC now owns 9,456 shares of the company's stock valued at $211,000 after acquiring an additional 2,097 shares during the period. China Universal Asset Management Co. Ltd. bought a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at $341,000. Finally, Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $383,000.
ZEEKR Intelligent Technology Trading Down 8.9 %
Shares of ZEEKR Intelligent Technology stock traded down $1.91 during mid-day trading on Tuesday, reaching $19.47. 780,077 shares of the stock were exchanged, compared to its average volume of 838,073. ZEEKR Intelligent Technology Holding Limited has a fifty-two week low of $13.00 and a fifty-two week high of $33.32. The company has a market cap of $4.95 billion and a price-to-earnings ratio of -4.97. The firm has a 50-day simple moving average of $25.41 and a 200 day simple moving average of $25.62.
About ZEEKR Intelligent Technology
(
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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