Barclays PLC Boosts Stock Holdings in ContextLogic Inc. (NASDAQ:WISH)

Barclays PLC increased its holdings in shares of ContextLogic Inc. (NASDAQ:WISH) by 3,723.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,190 shares of the company’s stock after purchasing an additional 44,982 shares during the period. Barclays PLC owned 0.19% of ContextLogic worth $252,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Quarry LP purchased a new position in ContextLogic in the third quarter worth $476,000. Caprock Group LLC boosted its holdings in ContextLogic by 859.1% in the third quarter. Caprock Group LLC now owns 98,243 shares of the company’s stock worth $535,000 after acquiring an additional 88,000 shares in the last quarter. AYAL Capital Advisors Ltd grew its stake in shares of ContextLogic by 560.7% during the second quarter. AYAL Capital Advisors Ltd now owns 679,028 shares of the company’s stock worth $3,483,000 after acquiring an additional 576,259 shares during the last quarter. Geode Capital Management LLC raised its position in shares of ContextLogic by 14.5% in the 3rd quarter. Geode Capital Management LLC now owns 266,688 shares of the company’s stock valued at $1,454,000 after purchasing an additional 33,702 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in ContextLogic by 6.8% in the 3rd quarter. HighTower Advisors LLC now owns 54,442 shares of the company’s stock worth $297,000 after purchasing an additional 3,467 shares in the last quarter. Hedge funds and other institutional investors own 46.05% of the company’s stock.

ContextLogic Trading Up 1.9 %

Shares of ContextLogic stock opened at $6.87 on Tuesday. The firm’s 50 day simple moving average is $7.02 and its two-hundred day simple moving average is $6.17. The firm has a market capitalization of $167.61 million, a price-to-earnings ratio of -0.57 and a beta of 2.09. ContextLogic Inc. has a 12-month low of $3.55 and a 12-month high of $9.90.

About ContextLogic

ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.