Ritholtz Wealth Management Sells 12,186 Shares of Tile Shop Hldgs, Inc. (NASDAQ:TTSH)

Ritholtz Wealth Management reduced its position in shares of Tile Shop Hldgs, Inc. (NASDAQ:TTSH) by 16.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 61,511 shares of the company’s stock after selling 12,186 shares during the quarter. Ritholtz Wealth Management owned about 0.14% of Tile Shop Hldgs worth $399,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTSH. JPMorgan Chase & Co. grew its position in shares of Tile Shop Hldgs by 86.9% during the 4th quarter. JPMorgan Chase & Co. now owns 101,948 shares of the company’s stock worth $706,000 after buying an additional 47,390 shares during the period. Orvieto Partners L.P. acquired a new position in shares of Tile Shop Hldgs during the 4th quarter worth about $5,136,000. Fund 1 Investments LLC grew its position in shares of Tile Shop Hldgs by 26.1% during the 4th quarter. Fund 1 Investments LLC now owns 11,227,208 shares of the company’s stock worth $77,805,000 after buying an additional 2,321,865 shares during the period. Deutsche Bank AG acquired a new position in shares of Tile Shop Hldgs during the 4th quarter worth about $80,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Tile Shop Hldgs by 67.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,948,821 shares of the company’s stock worth $13,505,000 after buying an additional 783,429 shares during the period. 36.66% of the stock is owned by institutional investors.

Tile Shop Hldgs Trading Up 4.2%

Tile Shop Hldgs stock opened at $6.19 on Friday. The firm has a market capitalization of $276.88 million, a P/E ratio of 309.65 and a beta of 1.10. Tile Shop Hldgs, Inc. has a 1 year low of $4.62 and a 1 year high of $7.75. The business has a 50-day moving average of $5.93 and a 200-day moving average of $6.55.

Tile Shop Hldgs Company Profile

Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, comprises ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tile.