Commonwealth Equity Services LLC Buys 342,546 Shares of Hyliion Holdings Corp. (NYSE:HYLN)

Commonwealth Equity Services LLC grew its stake in shares of Hyliion Holdings Corp. (NYSE:HYLNFree Report) by 1,184.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 371,463 shares of the company’s stock after purchasing an additional 342,546 shares during the period. Commonwealth Equity Services LLC owned approximately 0.21% of Hyliion worth $970,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of HYLN. HITE Hedge Asset Management LLC lifted its position in Hyliion by 130.6% during the third quarter. HITE Hedge Asset Management LLC now owns 933,659 shares of the company’s stock valued at $2,315,000 after buying an additional 528,750 shares during the period. Barclays PLC boosted 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 acquiring an additional 135,055 shares in the last quarter. Jane Street Group LLC boosted its stake in Hyliion by 79.3% during the third quarter. Jane Street Group LLC now owns 265,302 shares of the company’s stock worth $658,000 after acquiring an additional 117,358 shares in the last quarter. SG Americas Securities LLC grew its holdings in Hyliion by 118.9% in the fourth quarter. SG Americas Securities LLC now owns 57,814 shares of the company’s stock worth $151,000 after purchasing an additional 31,408 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of Hyliion during the third quarter valued at approximately $77,000. Hedge funds and other institutional investors own 22.81% of the company’s stock.

Hyliion Stock Down 0.7 %

Shares of HYLN opened at $1.39 on Wednesday. The stock has a market cap of $243.00 million, a P/E ratio of -3.76 and a beta of 2.24. The business’s 50 day moving average price is $1.87 and its 200-day moving average price is $2.39. Hyliion Holdings Corp. has a 52 week low of $1.21 and a 52 week high of $4.10.

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Institutional Ownership by Quarter for Hyliion (NYSE:HYLN)

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