Marshall Wace LLP increased its position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) by 2,695.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 335,480 shares of the company's stock after purchasing an additional 323,480 shares during the quarter. Marshall Wace LLP owned approximately 0.08% of QXO worth $5,334,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of QXO by 24.6% in the fourth quarter. Vanguard Group Inc. now owns 10,039,864 shares of the company's stock valued at $159,634,000 after acquiring an additional 1,979,147 shares during the last quarter. Federated Hermes Inc. bought a new position in QXO in the 4th quarter valued at $50,532,000. Charles Schwab Investment Management Inc. boosted its stake in QXO by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,544,224 shares of the company's stock worth $24,553,000 after purchasing an additional 14,073 shares in the last quarter. Tsai Capital Corp grew its holdings in shares of QXO by 6.3% during the fourth quarter. Tsai Capital Corp now owns 1,275,007 shares of the company's stock worth $20,273,000 after purchasing an additional 75,007 shares during the last quarter. Finally, State Street Corp acquired a new stake in shares of QXO in the third quarter valued at $16,245,000. 58.68% of the stock is owned by institutional investors.
QXO Stock Up 1.4 %
NASDAQ:QXO traded up $0.17 during mid-day trading on Friday, reaching $12.92. 4,976,696 shares of the company were exchanged, compared to its average volume of 2,453,490. The stock has a market cap of $5.78 billion, a PE ratio of -1.42, a PEG ratio of 4.09 and a beta of 2.16. QXO, Inc. has a 12 month low of $10.61 and a 12 month high of $290.00. The company has a fifty day moving average of $13.20 and a 200 day moving average of $14.56.
QXO 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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