Raymond James Financial Inc. Takes Position in Hyliion Holdings Corp. (NYSE:HYLN)

Raymond James Financial Inc. bought a new position in shares of Hyliion Holdings Corp. (NYSE:HYLN) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 16,611 shares of the company’s stock, valued at approximately $43,000.

Other hedge funds have also recently bought and sold shares of the company. Xponance Inc. acquired a new stake in shares of Hyliion in the fourth quarter worth $29,000. Cibc World Markets Corp acquired a new stake in Hyliion in the 4th quarter valued at $34,000. AXQ Capital LP acquired a new stake in Hyliion in the 4th quarter valued at $46,000. ExodusPoint Capital Management LP purchased a new position in Hyliion in the fourth quarter valued at about $81,000. Finally, EntryPoint Capital LLC acquired a new position in shares of Hyliion during the fourth quarter worth about $81,000. Hedge funds and other institutional investors own 22.81% of the company’s stock.

Hyliion Price Performance

Shares of NYSE HYLN opened at $1.57 on Thursday. Hyliion Holdings Corp. has a 1-year low of $1.17 and a 1-year high of $4.10. The company has a market capitalization of $274.47 million, a price-to-earnings ratio of -4.24 and a beta of 2.76. The business has a 50-day moving average of $1.50 and a 200-day moving average of $2.18.

Hyliion Profile