122,363 Shares in RLX Technology Inc. (NYSE:RLX) Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in RLX Technology Inc. (NYSE:RLX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 122,363 shares of the company’s stock, valued at approximately $221,000.

A number of other institutional investors have also recently bought and sold shares of the business. First Beijing Investment Ltd grew its holdings in shares of RLX Technology by 33.6% during the 3rd quarter. First Beijing Investment Ltd now owns 28,440,248 shares of the company’s stock worth $51,477,000 after purchasing an additional 7,159,064 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of RLX Technology during the 3rd quarter worth $2,386,000. Point72 Asset Management L.P. lifted its position in shares of RLX Technology by 8,292.2% during the 3rd quarter. Point72 Asset Management L.P. now owns 1,313,300 shares of the company’s stock worth $2,377,000 after buying an additional 1,297,651 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in RLX Technology by 58.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,067 shares of the company’s stock valued at $1,108,000 after buying an additional 225,200 shares in the last quarter. Finally, Quadrature Capital Ltd grew its position in RLX Technology by 163.9% in the third quarter. Quadrature Capital Ltd now owns 189,751 shares of the company’s stock valued at $343,000 after acquiring an additional 117,846 shares during the last quarter. Institutional investors own 22.68% of the company’s stock.

RLX Technology Stock Performance

RLX stock opened at $1.96 on Friday. The stock has a market capitalization of $3.08 billion, a P/E ratio of 49.01 and a beta of 1.03. The firm has a 50-day moving average price of $1.77 and a 200-day moving average price of $1.76. RLX Technology Inc. has a 12 month low of $1.50 and a 12 month high of $2.19.

RLX Technology Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a dividend yield of 0.59%. RLX Technology’s payout ratio is presently 25.00%.

RLX Technology Profile

RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.