Charles Schwab Investment Management Inc. Has $1.05 Million Holdings in Innovid Corp. (NYSE:CTV)

Charles Schwab Investment Management Inc. increased its stake in shares of Innovid Corp. (NYSE:CTV) by 18.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 340,931 shares of the company’s stock after acquiring an additional 53,607 shares during the period. Charles Schwab Investment Management Inc. owned 0.23% of Innovid worth $1,053,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Tokio Marine Asset Management Co. Ltd. acquired a new position in Innovid during the 4th quarter worth $1,615,000. Geode Capital Management LLC increased its stake in shares of Innovid by 8.2% in the third quarter. Geode Capital Management LLC now owns 2,433,158 shares of the company’s stock worth $4,380,000 after purchasing an additional 184,309 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Innovid by 326.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 205,249 shares of the company’s stock worth $369,000 after purchasing an additional 157,112 shares during the last quarter. ABC Arbitrage SA bought a new stake in Innovid during the 4th quarter valued at approximately $1,876,000. Finally, Olympiad Research LP acquired a new stake in Innovid in the 4th quarter valued at approximately $915,000. 25.46% of the stock is owned by institutional investors.

Innovid Price Performance

Shares of CTV stock opened at $3.14 on Monday. Innovid Corp. has a 12 month low of $1.50 and a 12 month high of $3.40. The firm has a market cap of $466.21 million, a PE ratio of -34.89 and a beta of 3.25. The stock has a 50 day moving average of $3.13 and a 200-day moving average of $2.66.

Innovid Profile

Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.