Bank of New York Mellon Corp Trims Stock Position in Hyliion Holdings Corp. (NYSE:HYLN)

Bank of New York Mellon Corp cut its holdings in Hyliion Holdings Corp. (NYSE:HYLNFree Report) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 433,205 shares of the company’s stock after selling 27,565 shares during the period. Bank of New York Mellon Corp owned 0.25% of Hyliion worth $1,131,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its holdings in shares of Hyliion by 4.3% in the 4th quarter. Rhumbline Advisers now owns 219,617 shares of the company’s stock worth $573,000 after acquiring an additional 8,979 shares during the last quarter. SG Americas Securities LLC raised its position in Hyliion by 118.9% in the fourth quarter. SG Americas Securities LLC now owns 57,814 shares of the company’s stock valued at $151,000 after purchasing an additional 31,408 shares during the period. Barclays PLC lifted its stake in Hyliion by 272.1% during the third quarter. Barclays PLC now owns 184,685 shares of the company’s stock worth $459,000 after purchasing an additional 135,055 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Hyliion during the third quarter worth $60,000. Finally, Jane Street Group LLC grew its stake in shares of Hyliion by 79.3% in the third quarter. Jane Street Group LLC now owns 265,302 shares of the company’s stock valued at $658,000 after buying an additional 117,358 shares in the last quarter. 22.81% of the stock is currently owned by hedge funds and other institutional investors.

Hyliion Trading Up 3.1 %

HYLN stock opened at $1.65 on Tuesday. The business’s fifty day moving average price is $1.97 and its 200 day moving average price is $2.40. Hyliion Holdings Corp. has a 12-month low of $1.21 and a 12-month high of $4.10. The company has a market capitalization of $288.45 million, a PE ratio of -4.46 and a beta of 2.24.

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Institutional Ownership by Quarter for Hyliion (NYSE:HYLN)

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