Harvest Fund Management Co. Ltd grew its holdings in shares of ATRenew Inc. (NYSE:RERE - Free Report) by 33.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,399,214 shares of the company's stock after acquiring an additional 350,000 shares during the quarter. Harvest Fund Management Co. Ltd owned 0.57% of ATRenew worth $4,016,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Prescott Group Capital Management L.L.C. raised its position in ATRenew by 31.3% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 3,035,436 shares of the company's stock worth $8,742,000 after purchasing an additional 724,415 shares during the period. QRG Capital Management Inc. bought a new position in shares of ATRenew during the fourth quarter valued at about $48,000. SG Americas Securities LLC purchased a new position in shares of ATRenew in the fourth quarter worth about $137,000. Quadrature Capital Ltd lifted its stake in shares of ATRenew by 67.8% in the 3rd quarter. Quadrature Capital Ltd now owns 70,729 shares of the company's stock valued at $197,000 after acquiring an additional 28,569 shares during the last quarter. Finally, Harber Asset Management LLC boosted its holdings in ATRenew by 14.6% during the 3rd quarter. Harber Asset Management LLC now owns 1,094,617 shares of the company's stock valued at $3,043,000 after acquiring an additional 139,842 shares during the period. 19.29% of the stock is currently owned by institutional investors.
ATRenew Stock Performance
RERE traded down $0.08 on Friday, hitting $3.10. 578,480 shares of the company were exchanged, compared to its average volume of 1,113,790. ATRenew Inc. has a 12 month low of $1.50 and a 12 month high of $3.70. The firm has a fifty day simple moving average of $2.95 and a two-hundred day simple moving average of $2.79. The stock has a market capitalization of $754.78 million, a PE ratio of -61.89, a price-to-earnings-growth ratio of 0.41 and a beta of 0.08.
ATRenew Company Profile
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Free Report)
ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.
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