Public Employees Retirement System of Ohio Invests $218,000 in Tuya Inc. (NYSE:TUYA)

Public Employees Retirement System of Ohio acquired a new position in Tuya Inc. (NYSE:TUYA) in the 3rd quarter, HoldingsChannel reports. The fund acquired 132,383 shares of the company’s stock, valued at approximately $218,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. XTX Topco Ltd bought a new stake in Tuya during the 2nd quarter valued at $27,000. Centiva Capital LP bought a new stake in shares of Tuya during the 3rd quarter valued at $63,000. Paloma Partners Management Co purchased a new stake in Tuya during the 3rd quarter worth about $73,000. Quadrature Capital Ltd bought a new position in Tuya in the 3rd quarter worth about $92,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Tuya during the 3rd quarter valued at about $116,000. 11.47% of the stock is currently owned by institutional investors.

Tuya Stock Down 1.1 %

Shares of TUYA opened at $1.80 on Friday. The business’s 50-day moving average price is $1.66 and its 200-day moving average price is $1.62. Tuya Inc. has a twelve month low of $1.28 and a twelve month high of $2.32. The stock has a market cap of $907.90 million, a PE ratio of -60.00 and a beta of 0.45.

Tuya Company Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.