Custom Index Systems LLC boosted its position in Spotify Technology S.A. (NYSE:SPOT – Free Report) by 3.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,150 shares of the company’s stock after purchasing an additional 33 shares during the period. Custom Index Systems LLC’s holdings in Spotify Technology were worth $424,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Spotify Technology by 30.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 79,667 shares of the company’s stock worth $21,024,000 after buying an additional 18,731 shares during the last quarter. Perpetual Ltd boosted its stake in shares of Spotify Technology by 24.3% during the 3rd quarter. Perpetual Ltd now owns 759,681 shares of the company’s stock worth $279,965,000 after acquiring an additional 148,431 shares during the last quarter. TD Asset Management Inc grew its position in shares of Spotify Technology by 2.4% during the 1st quarter. TD Asset Management Inc now owns 512,841 shares of the company’s stock valued at $135,339,000 after acquiring an additional 12,192 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of Spotify Technology by 121.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,399 shares of the company’s stock worth $2,322,000 after purchasing an additional 4,060 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in Spotify Technology by 64.7% in the 3rd quarter. Ritholtz Wealth Management now owns 4,495 shares of the company’s stock worth $1,657,000 after purchasing an additional 1,765 shares during the period. 84.09% of the stock is currently owned by institutional investors.
Spotify Technology Trading Up 0.6 %
SPOT stock opened at $379.16 on Monday. Spotify Technology S.A. has a twelve month low of $155.00 and a twelve month high of $389.48. The stock has a market capitalization of $75.47 billion, a price-to-earnings ratio of 154.76 and a beta of 1.58. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.31. The firm’s fifty day simple moving average is $357.03 and its two-hundred day simple moving average is $326.04.
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Spotify Technology Profile
Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.
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