Cetera Investment Advisers Has $40,000 Stock Position in Baozun Inc. (NASDAQ:BZUN)

Cetera Investment Advisers cut its position in shares of Baozun Inc. (NASDAQ:BZUN) by 19.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,670 shares of the technology company’s stock after selling 3,512 shares during the quarter. Cetera Investment Advisers’ holdings in Baozun were worth $40,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BZUN. New York State Common Retirement Fund boosted its holdings in Baozun by 95.5% during the fourth quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company’s stock worth $65,000 after purchasing an additional 11,683 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in Baozun by 50.8% during the fourth quarter. QRG Capital Management Inc. now owns 21,092 shares of the technology company’s stock worth $57,000 after purchasing an additional 7,108 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Baozun by 77.4% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 92,523 shares of the technology company’s stock worth $252,000 after purchasing an additional 40,364 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Baozun during the fourth quarter worth about $232,000. Finally, Schroder Investment Management Group boosted its holdings in Baozun by 16.5% during the fourth quarter. Schroder Investment Management Group now owns 2,301,500 shares of the technology company’s stock worth $6,352,000 after purchasing an additional 326,388 shares during the last quarter. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

Baozun Stock Up 0.7%

BZUN opened at $2.87 on Tuesday. The stock has a market cap of $155.36 million, a price-to-earnings ratio of -5.31 and a beta of 0.29. Baozun Inc. has a twelve month low of $2.11 and a twelve month high of $4.38. The company’s 50-day moving average price is $2.76 and its two-hundred day moving average price is $2.95.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Baozun from a “buy” rating to a “hold” rating in a report on Saturday, May 24th.

Baozun Company Profile

Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People’s Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands’ store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.