Van ECK Associates Corp Decreases Stock Position in Nano Dimension Ltd. (NASDAQ:NNDM)

Van ECK Associates Corp cut its stake in Nano Dimension Ltd. (NASDAQ:NNDM) by 9.2% in the fourth quarter, HoldingsChannel reports. The firm 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in Nano Dimension by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 103,330 shares of the technology company’s stock worth $253,000 after buying an additional 5,437 shares during the last quarter. Creative Planning lifted its holdings in Nano Dimension by 20.1% during the 3rd quarter. Creative Planning now owns 43,365 shares of the technology company’s stock worth $106,000 after buying an additional 7,264 shares during the last quarter. Tidal Investments LLC lifted its holdings in Nano Dimension by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 215,784 shares of the technology company’s stock worth $529,000 after buying an additional 9,538 shares during the last quarter. Orion Portfolio Solutions LLC purchased a new stake in Nano Dimension during the 3rd quarter worth about $25,000. Finally, GAMMA Investing LLC lifted its holdings in Nano Dimension by 192.5% during the 4th quarter. GAMMA Investing LLC now owns 15,941 shares of the technology company’s stock worth $40,000 after buying an additional 10,492 shares during the last quarter. 33.89% of the stock is currently owned by institutional investors and hedge funds.

Nano Dimension Stock Performance

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

Nano Dimension Profile

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.