Davis Selected Advisers reduced its position in shares of CommerceHub Inc (NASDAQ:CHUBK) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 176,298 shares of the company’s stock after selling 8,210 shares during the period. Davis Selected Advisers owned 0.41% of CommerceHub worth $3,764,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Public Employees Retirement Association of Colorado acquired a new stake in shares of CommerceHub during the 2nd quarter worth about $100,000. Legal & General Group Plc acquired a new stake in shares of CommerceHub during the 2nd quarter worth about $134,000. Markston International LLC acquired a new stake in shares of CommerceHub during the 2nd quarter worth about $182,000. PEAK6 Investments L.P. boosted its stake in shares of CommerceHub by 27.3% during the 3rd quarter. PEAK6 Investments L.P. now owns 11,914 shares of the company’s stock worth $254,000 after purchasing an additional 2,558 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of CommerceHub during the 2nd quarter worth about $217,000. 49.33% of the stock is currently owned by institutional investors.

Shares of CommerceHub Inc (CHUBK) opened at $21.53 on Friday. CommerceHub Inc has a 12-month low of $13.73 and a 12-month high of $22.50. The stock has a market cap of $911.78 and a P/E ratio of 70.17.

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CommerceHub Profile

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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Institutional Ownership by Quarter for CommerceHub (NASDAQ:CHUBK)

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