ContextLogic Inc. (NASDAQ:WISH) Shares Acquired by Barclays PLC

Barclays PLC lifted its position in shares of ContextLogic Inc. (NASDAQ:WISH) by 3,723.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 46,190 shares of the company’s stock after purchasing an additional 44,982 shares during the period. Barclays PLC’s holdings in ContextLogic were worth $252,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. AYAL Capital Advisors Ltd lifted its holdings in ContextLogic by 560.7% during the second quarter. AYAL Capital Advisors Ltd now owns 679,028 shares of the company’s stock valued at $3,483,000 after purchasing an additional 576,259 shares in the last quarter. Capricorn Fund Managers Ltd lifted its stake in shares of ContextLogic by 1,210.6% in the 3rd quarter. Capricorn Fund Managers Ltd now owns 220,000 shares of the company’s stock valued at $1,199,000 after purchasing an additional 203,214 shares during the last quarter. Caprock Group LLC increased its holdings in ContextLogic by 859.1% in the 3rd quarter. Caprock Group LLC now owns 98,243 shares of the company’s stock valued at $535,000 after purchasing an additional 88,000 shares during the last quarter. Quarry LP purchased a new stake in ContextLogic during the third quarter worth about $476,000. Finally, Squarepoint Ops LLC raised its stake in shares of ContextLogic by 300.0% in the second quarter. Squarepoint Ops LLC now owns 42,605 shares of the company’s stock valued at $219,000 after acquiring an additional 63,905 shares in the last quarter. 46.05% of the stock is currently owned by institutional investors and hedge funds.

ContextLogic Stock Up 1.9 %

Shares of ContextLogic stock opened at $6.87 on Tuesday. The company has a 50 day moving average of $7.02 and a 200 day moving average of $6.17. The company has a market capitalization of $167.61 million, a P/E ratio of -0.57 and a beta of 2.09. ContextLogic Inc. has a 52-week low of $3.55 and a 52-week high of $9.90.

ContextLogic Profile

ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.