Hosking Partners LLP lifted its position in shares of RLX Technology Inc. (NYSE:RLX - Free Report) by 24.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 981,533 shares of the company's stock after acquiring an additional 194,770 shares during the period. Hosking Partners LLP owned 0.06% of RLX Technology worth $2,120,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Centiva Capital LP bought a new position in RLX Technology in the 3rd quarter worth about $29,000. Janney Montgomery Scott LLC acquired a new position in shares of RLX Technology during the fourth quarter worth approximately $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in RLX Technology in the 4th quarter valued at approximately $42,000. Catalina Capital Group LLC bought a new stake in RLX Technology during the 4th quarter valued at $63,000. Finally, Blue Trust Inc. boosted its position in RLX Technology by 284.8% during the 3rd quarter. Blue Trust Inc. now owns 35,428 shares of the company's stock worth $65,000 after acquiring an additional 26,220 shares during the period. Institutional investors and hedge funds own 22.68% of the company's stock.
RLX Technology Stock Performance
Shares of NYSE:RLX traded up $0.02 on Tuesday, hitting $2.30. The company's stock had a trading volume of 1,916,723 shares, compared to its average volume of 5,340,921. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 57.39 and a beta of 0.97. RLX Technology Inc. has a 12 month low of $1.50 and a 12 month high of $2.69. The stock's 50-day moving average is $2.24 and its two-hundred day moving average is $1.92.
RLX Technology Profile
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Free Report)
RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.
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