ARK Investment Management LLC Lowers Stock Holdings in Nano Dimension Ltd. (NASDAQ:NNDM)

ARK Investment Management LLC lessened its stake in Nano Dimension Ltd. (NASDAQ:NNDM) by 8.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,632,366 shares of the technology company’s stock after selling 144,774 shares during the period. ARK Investment Management LLC owned 0.77% of Nano Dimension worth $4,048,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NNDM. Jane Street Group LLC raised its holdings in Nano Dimension by 104.0% during the third quarter. Jane Street Group LLC now owns 379,625 shares of the technology company’s stock worth $930,000 after purchasing an additional 193,546 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Nano Dimension by 86.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 383,189 shares of the technology company’s stock worth $939,000 after purchasing an additional 177,951 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Nano Dimension during the 3rd quarter worth $158,000. Arete Wealth Advisors LLC lifted its stake in shares of Nano Dimension by 6.3% in the third quarter. Arete Wealth Advisors LLC now owns 882,534 shares of the technology company’s stock valued at $2,158,000 after purchasing an additional 52,189 shares during the period. Finally, Barclays PLC lifted its stake in shares of Nano Dimension by 3,479.1% in the third quarter. Barclays PLC now owns 40,301 shares of the technology company’s stock valued at $99,000 after purchasing an additional 39,175 shares during the period. 33.89% of the stock is owned by hedge funds and other institutional investors.

Nano Dimension Stock Performance

Shares of NNDM opened at $2.20 on Thursday. Nano Dimension Ltd. has a twelve month low of $2.04 and a twelve month high of $3.01. The firm has a market capitalization of $467.40 million, a P/E ratio of -5.37 and a beta of 1.62. The firm’s 50-day moving average is $2.43 and its two-hundred day moving average is $2.31.

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.