Summit Wireless Technologies Inc (NASDAQ:WISA) hit a new 52-week low during trading on Tuesday . The company traded as low as $2.05 and last traded at $2.20, with a volume of 18810 shares changing hands. The stock had previously closed at $2.38.

An institutional investor recently bought a new position in Summit Wireless Technologies stock. Vanguard Group Inc bought a new stake in Summit Wireless Technologies Inc (NASDAQ:WISA) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,265 shares of the company’s stock, valued at approximately $134,000. Vanguard Group Inc owned about 0.20% of Summit Wireless Technologies as of its most recent SEC filing. 0.50% of the stock is currently owned by institutional investors.

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Summit Wireless Technologies Company Profile (NASDAQ:WISA)

Summit Wireless Technologies, Inc develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. The company offers TX modules for TVs, AV receivers, media hubs, and small dongles that connect through USB or HDMI ports; and speaker systems.

See Also: Lock-Up Period Expiration

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