Invesco Ltd. Acquires 11,033 Shares of SunCar Technology Group Inc. (NASDAQ:SDA)

Invesco Ltd. lifted its stake in SunCar Technology Group Inc. (NASDAQ:SDA) by 33.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,851 shares of the company’s stock after acquiring an additional 11,033 shares during the period. Invesco Ltd.’s holdings in SunCar Technology Group were worth $423,000 at the end of the most recent reporting period.

Separately, State Street Corp boosted its stake in SunCar Technology Group by 33.5% during the third quarter. State Street Corp now owns 15,461 shares of the company’s stock valued at $170,000 after buying an additional 3,877 shares during the period. Hedge funds and other institutional investors own 0.26% of the company’s stock.

SunCar Technology Group Price Performance

SDA opened at $2.73 on Friday. The business’s fifty day simple moving average is $3.79 and its 200 day simple moving average is $7.11. SunCar Technology Group Inc. has a 52 week low of $2.41 and a 52 week high of $11.74.

SunCar Technology Group Profile

SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.