Barclays PLC increased its holdings in shares of RLX Technology Inc. (NYSE:RLX – Free Report) by 5.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 110,471 shares of the company’s stock after purchasing an additional 5,267 shares during the quarter. Barclays PLC’s holdings in RLX Technology were worth $200,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Centiva Capital LP acquired a new stake in RLX Technology in the third quarter valued at approximately $29,000. Blue Trust Inc. grew its position in RLX Technology by 284.8% in the third quarter. Blue Trust Inc. now owns 35,428 shares of the company’s stock valued at $65,000 after acquiring an additional 26,220 shares in the last quarter. Profund Advisors LLC acquired a new stake in RLX Technology in the second quarter valued at approximately $72,000. Bank of New York Mellon Corp grew its position in RLX Technology by 36.5% in the second quarter. Bank of New York Mellon Corp now owns 39,615 shares of the company’s stock valued at $73,000 after acquiring an additional 10,596 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in RLX Technology in the third quarter valued at approximately $108,000. Institutional investors and hedge funds own 22.68% of the company’s stock.
RLX Technology Stock Up 0.7 %
Shares of NYSE:RLX opened at $2.29 on Wednesday. RLX Technology Inc. has a 52-week low of $1.50 and a 52-week high of $2.37. The company has a 50 day moving average of $2.00 and a two-hundred day moving average of $1.81. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 57.14 and a beta of 0.97.
RLX Technology Dividend Announcement
RLX Technology Profile
RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.
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