Soho House & Co Inc. (NYSE:SHCO) Shares Gap Up – Here’s Why

Shares of Soho House & Co Inc. (NYSE:SHCO) gapped up before the market opened on Wednesday . The stock had previously closed at $7.37, but opened at $7.77. Soho House & Co Inc. shares last traded at $7.74, with a volume of 128,190 shares.

Soho House & Co Inc. Trading Down 4.2 %

The firm’s 50-day moving average price is $6.56 and its two-hundred day moving average price is $5.79.

Institutional Trading of Soho House & Co Inc.

Several institutional investors and hedge funds have recently made changes to their positions in the company. R Squared Ltd acquired a new position in shares of Soho House & Co Inc. in the 4th quarter valued at $82,000. JPMorgan Chase & Co. increased its stake in Soho House & Co Inc. by 831.3% in the third quarter. JPMorgan Chase & Co. now owns 65,376 shares of the company’s stock valued at $333,000 after purchasing an additional 58,356 shares during the period. Barclays PLC raised its holdings in shares of Soho House & Co Inc. by 1,255.3% in the third quarter. Barclays PLC now owns 8,132 shares of the company’s stock valued at $41,000 after buying an additional 7,532 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Soho House & Co Inc. by 28.1% during the third quarter. Jane Street Group LLC now owns 23,972 shares of the company’s stock worth $122,000 after buying an additional 5,255 shares during the period. Finally, Wolverine Trading LLC purchased a new position in shares of Soho House & Co Inc. during the third quarter worth about $97,000. 62.35% of the stock is owned by hedge funds and other institutional investors.

Soho House & Co Inc. Company Profile

Soho House & Co, Inc is a holding company, which offers global membership platform of physical and digital spaces. It operates through the following segments: UK, North America, Europe and Rest of the World, and All Other. The company was founded by Nicholas Keith Arthur Jones in 1995 and is headquartered in London, the United Kingdom.