Cibc World Markets Corp Buys New Holdings in Innovid Corp. (NYSE:CTV)

Cibc World Markets Corp purchased a new position in shares of Innovid Corp. (NYSE:CTV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,118 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. FMR LLC raised its holdings in shares of Innovid by 590.2% during the third quarter. FMR LLC now owns 15,413 shares of the company’s stock worth $28,000 after purchasing an additional 13,180 shares during the last quarter. Miller Investment Management LP acquired a new stake in Innovid during the 3rd quarter worth about $36,000. SG Americas Securities LLC raised its stake in shares of Innovid by 24.2% during the 4th quarter. SG Americas Securities LLC now owns 45,454 shares of the company’s stock valued at $140,000 after buying an additional 8,849 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Innovid in the 4th quarter valued at about $157,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Innovid in the fourth quarter worth about $325,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.

Innovid Stock Performance

Shares of CTV stock opened at $3.14 on Friday. Innovid Corp. has a twelve month low of $1.50 and a twelve month high of $3.40. The stock has a 50 day moving average of $3.13 and a 200 day moving average of $2.64. The stock has a market cap of $466.21 million, a P/E ratio of -34.89 and a beta of 3.25.

About Innovid

Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.