Virtu Financial LLC Acquires New Holdings in Kartoon Studios Inc. (NASDAQ:TOON)

Virtu Financial LLC bought a new position in shares of Kartoon Studios Inc. (NASDAQ:TOON) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 114,460 shares of the company’s stock, valued at approximately $68,000. Virtu Financial LLC owned about 0.29% of Kartoon Studios at the end of the most recent quarter.

Separately, Geode Capital Management LLC increased its position in Kartoon Studios by 9.7% during the 3rd quarter. Geode Capital Management LLC now owns 367,297 shares of the company’s stock worth $318,000 after purchasing an additional 32,428 shares in the last quarter. Hedge funds and other institutional investors own 8.57% of the company’s stock.

Kartoon Studios Trading Up 3.1 %

NASDAQ:TOON opened at $0.62 on Tuesday. The firm has a market cap of $29.64 million, a price-to-earnings ratio of -0.61 and a beta of 2.84. Kartoon Studios Inc. has a 12-month low of $0.46 and a 12-month high of $2.01. The company’s 50-day moving average is $0.58 and its two-hundred day moving average is $0.66.

Kartoon Studios Profile

Kartoon Studios Inc, a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Shaq’s Garage, a children’s animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children’s songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children’s television series based on the children’s books; Roblox Rumble, an elimination-style competitive reality series; and Spin Master Productions.