Relx Plc (NYSE:RELX) Shares Bought by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. lifted its stake in shares of Relx Plc (NYSE:RELX) by 1.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,263 shares of the technology company’s stock after purchasing an additional 406 shares during the period. First Trust Direct Indexing L.P.’s holdings in Relx were worth $1,786,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in RELX. Financial Management Professionals Inc. boosted its stake in Relx by 192.9% during the first quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock worth $38,000 after buying an additional 571 shares during the last quarter. Frazier Financial Advisors LLC purchased a new position in Relx during the fourth quarter worth about $35,000. Parkside Financial Bank & Trust raised its position in Relx by 81.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after purchasing an additional 407 shares during the period. Pinnacle Bancorp Inc. raised its stake in shares of Relx by 90.9% in the 1st quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock valued at $43,000 after acquiring an additional 468 shares during the period. Finally, Timber Creek Capital Management LLC purchased a new position in shares of Relx during the first quarter worth $43,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Stock Up 0.4 %

Shares of Relx stock opened at $45.69 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. Relx Plc has a 1-year low of $31.38 and a 1-year high of $46.29. The business has a 50-day moving average of $44.15 and a 200-day moving average of $42.64.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Relx in a report on Tuesday, June 25th. They set a “hold” rating for the company.

Relx Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.