Nano Dimension Ltd. (NASDAQ:NNDM) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp lessened its stake in Nano Dimension Ltd. (NASDAQ:NNDM) by 9.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,279 shares of the technology company’s stock after selling 7,119 shares during the quarter. Van ECK Associates Corp’s holdings in Nano Dimension were worth $174,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NNDM. Creative Planning grew its position in Nano Dimension by 20.1% in the third quarter. Creative Planning now owns 43,365 shares of the technology company’s stock worth $106,000 after acquiring an additional 7,264 shares during the period. ARK Investment Management LLC grew its position in Nano Dimension by 2.2% in the third quarter. ARK Investment Management LLC now owns 1,777,140 shares of the technology company’s stock worth $4,354,000 after acquiring an additional 37,579 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in Nano Dimension by 83.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,031 shares of the technology company’s stock worth $83,000 after acquiring an additional 15,485 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Nano Dimension by 86.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 383,189 shares of the technology company’s stock worth $939,000 after acquiring an additional 177,951 shares during the period. Finally, Point72 Asset Management L.P. purchased a new position in Nano Dimension in the third quarter worth approximately $41,000. Institutional investors and hedge funds own 33.89% of the company’s stock.

Nano Dimension Stock Performance

Shares of Nano Dimension stock opened at $2.25 on Monday. The firm has a market capitalization of $478.04 million, a price-to-earnings ratio of -5.49 and a beta of 1.62. Nano Dimension Ltd. has a fifty-two week low of $2.04 and a fifty-two week high of $3.01. The stock has a 50 day moving average of $2.43 and a 200 day moving average of $2.30.

About Nano Dimension

Nano Dimension Ltd., together with its subsidiaries, engages in additive manufacturing solutions in Israel and internationally. The company offers 3D printers, comprising AME systems, which are inkjet printers, that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; micro additive manufacturing systems, a digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and industrial additive manufacturing systems, that utilizes a patented foil system that fabricates ceramic and metal parts.