Geode Capital Management LLC Acquires Shares of 30,806 Nuwellis, Inc. (NASDAQ:NUWE)

Geode Capital Management LLC bought a new position in Nuwellis, Inc. (NASDAQ:NUWE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 30,806 shares of the company’s stock, valued at approximately $34,000. Geode Capital Management LLC owned about 0.70% of Nuwellis as of its most recent filing with the Securities and Exchange Commission.

Nuwellis Stock Performance

NASDAQ:NUWE opened at $1.01 on Tuesday. The company has a market capitalization of $4.40 million, a price-to-earnings ratio of -0.01 and a beta of 0.51. Nuwellis, Inc. has a one year low of $0.75 and a one year high of $12.60. The stock has a 50-day simple moving average of $1.03 and a 200 day simple moving average of $1.24.

Nuwellis Company Profile

Nuwellis, Inc, a medical device company, develops, manufactures, and commercializes medical devices used in ultrafiltration therapy. The company offers Aquadex FlexFlow and Aquadex SmartFlow systems, which are used to treat patients suffering from fluid overload due to heart failure. Its Aquadex FlexFlow system includes a console, disposable blood circuit set, and disposable catheter.