Swift Run Capital Management LLC Acquires Shares of 239,542 CommerceHub, Inc. (CHUBK)
Swift Run Capital Management LLC acquired a new stake in shares of CommerceHub, Inc. (NASDAQ:CHUBK) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 239,542 shares of the company’s stock, valued at approximately $4,178,000. CommerceHub accounts for about 2.4% of Swift Run Capital Management LLC’s portfolio, making the stock its 16th largest position.
Several other institutional investors also recently made changes to their positions in CHUBK. IFC Holdings Incorporated FL bought a new position in shares of CommerceHub during the second quarter valued at $671,000. Rhumbline Advisers bought a new position in shares of CommerceHub during the second quarter valued at $618,000. George Kaiser Family Foundation bought a new position in shares of CommerceHub during the second quarter valued at $613,000. Schwab Charles Investment Management Inc. bought a new position in shares of CommerceHub during the second quarter valued at $1,888,000. Finally, Cigna Investments Inc. New bought a new position in shares of CommerceHub during the second quarter valued at $416,000. Institutional investors own 77.65% of the company’s stock.
CommerceHub, Inc. (NASDAQ:CHUBK) opened at 20.21 on Tuesday. The stock has a 50 day moving average price of $18.07 and a 200 day moving average price of $16.63. The company has a market cap of $874.06 million and a PE ratio of 81.82. CommerceHub, Inc. has a one year low of $11.90 and a one year high of $20.63.
ILLEGAL ACTIVITY WARNING: This news story was first reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be accessed at https://www.watchlistnews.com/swift-run-capital-management-llc-acquires-shares-of-239542-commercehub-inc-chubk/1491407.html.
CommerceHub Company 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.
Want to see what other hedge funds are holding CHUBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CommerceHub, Inc. (NASDAQ:CHUBK).
Receive News & Ratings for CommerceHub Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommerceHub Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.