Vanguard Group Inc. acquired a new stake in shares of CommerceHub, Inc. (NASDAQ:CHUBK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,392,615 shares of the company’s stock, valued at approximately $41,727,000. Vanguard Group Inc. owned 5.54% of CommerceHub at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Public Employees Retirement Association of Colorado bought a new position in shares of CommerceHub during the 2nd quarter valued at approximately $100,000. First Manhattan Co. bought a new position in shares of CommerceHub during the 2nd quarter valued at approximately $105,000. Legal & General Group Plc bought a new position in shares of CommerceHub during the 2nd quarter valued at approximately $134,000. Markston International LLC bought a new position in shares of CommerceHub during the 2nd quarter valued at approximately $182,000. Finally, Teton Advisors Inc. bought a new position in shares of CommerceHub during the 2nd quarter valued at approximately $262,000. Institutional investors own 52.24% of the company’s stock.

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CommerceHub, Inc. (CHUBK) opened at $20.91 on Tuesday. The stock has a market capitalization of $910.35 and a P/E ratio of 77.96. CommerceHub, Inc. has a 52 week low of $13.14 and a 52 week high of $22.50.

About CommerceHub

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.

Institutional Ownership by Quarter for CommerceHub (NASDAQ:CHUBK)

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