Avantax Advisory Services Inc. Sells 8,801 Shares of Hyliion Holdings Corp. (NYSE:HYLN)

Avantax Advisory Services Inc. lessened its holdings in Hyliion Holdings Corp. (NYSE:HYLN) by 18.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,335 shares of the company’s stock after selling 8,801 shares during the period. Avantax Advisory Services Inc.’s holdings in Hyliion were worth $100,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. State Street Corp grew its stake in shares of Hyliion by 0.6% in the 3rd quarter. State Street Corp now owns 2,985,109 shares of the company’s stock worth $7,403,000 after acquiring an additional 16,707 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Hyliion by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,065,720 shares of the company’s stock worth $2,782,000 after purchasing an additional 8,326 shares in the last quarter. HITE Hedge Asset Management LLC increased its stake in Hyliion by 130.6% in the 3rd 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 last quarter. Jane Street Group LLC lifted its position in shares of Hyliion by 79.3% during the 3rd quarter. Jane Street Group LLC now owns 265,302 shares of the company’s stock worth $658,000 after buying an additional 117,358 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Hyliion by 4.3% in the 4th quarter. Rhumbline Advisers now owns 219,617 shares of the company’s stock worth $573,000 after buying an additional 8,979 shares during the last quarter. Institutional investors own 22.81% of the company’s stock.

Hyliion Stock Down 1.9 %

HYLN stock opened at $1.52 on Friday. The firm has a market cap of $265.73 million, a PE ratio of -4.11 and a beta of 2.24. The business has a 50 day moving average of $1.93 and a 200-day moving average of $2.39. Hyliion Holdings Corp. has a 12-month low of $1.21 and a 12-month high of $4.10.

About Hyliion