Empowered Funds LLC bought a new stake in NI Holdings, Inc. (NASDAQ:NODK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,054 shares of the company's stock, valued at approximately $331,000. Empowered Funds LLC owned approximately 0.10% of NI at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of NI by 1.9% during the third quarter. Geode Capital Management LLC now owns 169,290 shares of the company's stock worth $2,655,000 after purchasing an additional 3,092 shares during the period. Barclays PLC increased its position in shares of NI by 44.0% during the third quarter. Barclays PLC now owns 24,687 shares of the company's stock worth $387,000 after acquiring an additional 7,549 shares in the last quarter. Creative Planning increased its position in shares of NI by 14.8% during the third quarter. Creative Planning now owns 15,533 shares of the company's stock worth $244,000 after acquiring an additional 2,000 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of NI by 108.9% during the third quarter. JPMorgan Chase & Co. now owns 15,391 shares of the company's stock worth $241,000 after acquiring an additional 8,025 shares in the last quarter. Institutional investors and hedge funds own 21.89% of the company's stock.
NI Price Performance
Shares of NASDAQ:NODK traded down $0.17 during midday trading on Friday, hitting $14.35. 9,454 shares of the company's stock were exchanged, compared to its average volume of 9,570. NI Holdings, Inc. has a 12 month low of $13.41 and a 12 month high of $17.24. The stock has a 50 day moving average price of $15.07 and a 200-day moving average price of $15.35. The company has a market cap of $296.33 million, a PE ratio of -51.25 and a beta of 0.36.
NI Profile
(
Free Report)
NI Holdings, Inc underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.
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