Yakira Capital Management Inc. Makes New $608,000 Investment in Innovid Corp. (NYSE:CTV)

Yakira Capital Management Inc. acquired a new stake in Innovid Corp. (NYSE:CTV) in the 4th quarter, HoldingsChannel reports. The fund acquired 196,791 shares of the company’s stock, valued at approximately $608,000.

Several other institutional investors and hedge funds have also modified their holdings of CTV. SG Americas Securities LLC raised its position in Innovid by 24.2% during the fourth quarter. SG Americas Securities LLC now owns 45,454 shares of the company’s stock valued at $140,000 after acquiring an additional 8,849 shares in the last quarter. Cibc World Markets Corp purchased a new position in shares of Innovid during the 4th quarter valued at approximately $31,000. FMR LLC increased its holdings in shares of Innovid by 590.2% during the 3rd quarter. FMR LLC now owns 15,413 shares of the company’s stock valued at $28,000 after purchasing an additional 13,180 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Innovid by 30.8% in the 4th quarter. Wells Fargo & Company MN now owns 61,987 shares of the company’s stock valued at $192,000 after purchasing an additional 14,614 shares during the period. Finally, Rhumbline Advisers boosted its holdings in Innovid by 25.3% during the fourth quarter. Rhumbline Advisers now owns 128,249 shares of the company’s stock worth $396,000 after buying an additional 25,929 shares in the last quarter. Institutional investors and hedge funds own 25.46% of the company’s stock.

Innovid Stock Performance

CTV stock opened at $3.14 on Friday. The firm’s fifty day moving average is $3.14 and its 200 day moving average is $2.70. The firm has a market cap of $466.21 million, a PE ratio of -34.89 and a beta of 3.25. Innovid Corp. has a one year low of $1.50 and a one year high of $3.40.

Innovid Company Profile

Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.