Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Purchases Shares of 45,457 Momo Inc (NASDAQ:MOMO)
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in Momo Inc (NASDAQ:MOMO) during the third quarter, according to its most recent filing with the SEC. The firm bought 45,457 shares of the information services provider’s stock, valued at approximately $18,634,000. Momo makes up 7.9% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s investment portfolio, making the stock its 3rd largest holding.
Several other institutional investors and hedge funds have also recently modified their holdings of MOMO. Genesis Investment Management LLP purchased a new stake in Momo in the 3rd quarter worth about $178,503,000. Morgan Stanley increased its holdings in Momo by 207.3% in the 2nd quarter. Morgan Stanley now owns 4,390,872 shares of the information serv ...