Coldstream Capital Management Inc. Raises Stake in MicroVision, Inc. (NASDAQ:MVIS)

Coldstream Capital Management Inc. increased its stake in shares of MicroVision, Inc. (NASDAQ:MVIS) by 7.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 304,964 shares of the electronics maker’s stock after buying an additional 20,113 shares during the quarter. Coldstream Capital Management Inc.’s holdings in MicroVision were worth $348,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in MVIS. Sei Investments Co. bought a new position in shares of MicroVision during the 2nd quarter valued at approximately $27,000. Aaron Wealth Advisors LLC bought a new position in MicroVision during the third quarter valued at $31,000. XTX Topco Ltd purchased a new stake in MicroVision in the second quarter worth $32,000. Allspring Global Investments Holdings LLC bought a new stake in shares of MicroVision in the third quarter valued at $40,000. Finally, Hsbc Holdings PLC lifted its position in shares of MicroVision by 158.3% during the 2nd quarter. Hsbc Holdings PLC now owns 39,168 shares of the electronics maker’s stock valued at $41,000 after buying an additional 24,006 shares during the last quarter. Institutional investors own 30.90% of the company’s stock.

MicroVision Stock Performance

Shares of MVIS opened at $0.82 on Monday. MicroVision, Inc. has a fifty-two week low of $0.80 and a fifty-two week high of $2.98. The business has a 50-day moving average of $1.02 and a 200 day moving average of $1.04. The firm has a market cap of $178.83 million, a P/E ratio of -1.99 and a beta of 2.96.

About MicroVision

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.