Mint Tower Capital Management B.V. bought a new stake in shares of CommerceHub Inc (NASDAQ:CHUBK) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,650 shares of the company’s stock, valued at approximately $548,000. Mint Tower Capital Management B.V. owned 0.06% of CommerceHub at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of CHUBK. Schwab Charles Investment Management Inc. raised its holdings in shares of CommerceHub by 14.4% in the third quarter. Schwab Charles Investment Management Inc. now owns 123,840 shares of the company’s stock valued at $2,644,000 after acquiring an additional 15,615 shares in the last quarter. Mckinley Capital Management LLC Delaware bought a new position in CommerceHub in the third quarter worth about $3,048,000. Citadel Advisors LLC raised its holdings in CommerceHub by 292.0% in the third quarter. Citadel Advisors LLC now owns 48,789 shares of the company’s stock worth $1,042,000 after purchasing an additional 36,342 shares in the last quarter. Schroder Investment Management Group bought a new position in CommerceHub in the third quarter worth about $430,000. Finally, K2 Principal Fund L.P. bought a new position in CommerceHub in the third quarter worth about $3,239,000. 49.33% of the stock is owned by hedge funds and other institutional investors.
CommerceHub Inc (CHUBK) traded down $0.01 on Thursday, hitting $21.53. 47,035 shares of the stock traded hands, compared to its average volume of 135,965. CommerceHub Inc has a 12-month low of $13.73 and a 12-month high of $22.50. The firm has a market capitalization of $911.78 and a P/E ratio of 70.17.
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CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.
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