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2023-04-09 17:52
Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Cenntro Electric Group Limited (NASDAQ:CENN – Get Rating) by 49.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,509 shares of the company's stock after purchasing an additional 29,135 shares during the period. Harel Insurance Investments & Financial Services Ltd.'s holdings in Cenntro Electric Group were worth $39,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of Cenntro Electric Group by 74.1% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 30,582 shares of the company's stock worth $32,000 after buying an additional 13,017 shares during the last quarter. State Street Corp increased its stake in Cenntro Electric Group by 0.5% during the third quarter. State Street Corp now owns 3,525,188 shares of the company's stock worth $3,631,000 after acquiring an additional 18,771 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of Cenntro Electric Group in the 3rd quarter worth about $30,000. Marshall Wace LLP acquired a new position in shares of Cenntro Electric Group in the 3rd quarter valued at about $40,000. Finally, Millennium Management LLC purchased a new stake in shares of Cenntro Electric Group during the 2nd quarter worth about $68,000. Hedge funds and other institutional investors own 8.17% of the company's stock.
Get Cenntro Electric Group alerts:CENN opened at $0.43 on Friday. Cenntro Electric Group Limited has a 1 year low of $0.26 and a 1 year high of $2.27. The firm has a 50 day moving average price of $0.54 and a 200 day moving average price of $0.66.
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Cenntro Electric Group Ltd. is an EV technology company that designs and manufactures electric light and medium duty commercial vehicles. The company's ECVs are designed to serve a variety of corporate and governmental organizations in support of city services, last-mile delivery and other commercial applications.
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