Charles Schwab Investment Management Inc. Has $1.94 Million Stock Position in MicroVision, Inc. (NASDAQ:MVIS)

Charles Schwab Investment Management Inc. boosted its holdings in shares of MicroVision, Inc. (NASDAQ:MVIS) by 4.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,697,587 shares of the electronics maker’s stock after acquiring an additional 65,712 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in MicroVision were worth $1,935,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MVIS. Bank of New York Mellon Corp lifted its position in shares of MicroVision by 17.9% in the second quarter. Bank of New York Mellon Corp now owns 771,359 shares of the electronics maker’s stock worth $818,000 after purchasing an additional 117,035 shares in the last quarter. BSW Wealth Partners lifted its position in MicroVision by 33.3% in the 3rd quarter. BSW Wealth Partners now owns 400,000 shares of the electronics maker’s stock worth $456,000 after buying an additional 100,000 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of MicroVision by 62.9% during the 2nd quarter. ProShare Advisors LLC now owns 155,267 shares of the electronics maker’s stock valued at $165,000 after buying an additional 59,977 shares during the period. Intech Investment Management LLC purchased a new position in shares of MicroVision during the 3rd quarter valued at $56,000. Finally, Rhumbline Advisers increased its stake in shares of MicroVision by 16.8% in the second quarter. Rhumbline Advisers now owns 296,302 shares of the electronics maker’s stock worth $314,000 after acquiring an additional 42,704 shares during the last quarter. Hedge funds and other institutional investors own 30.90% of the company’s stock.

MicroVision Trading Up 1.5 %

MVIS opened at $0.83 on Tuesday. The stock has a fifty day moving average price of $1.02 and a 200 day moving average price of $1.04. MicroVision, Inc. has a 1 year low of $0.80 and a 1 year high of $2.98. The stock has a market cap of $181.48 million, a price-to-earnings ratio of -2.05 and a beta of 2.96.

About MicroVision

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.