Metropolitan Life Insurance Co. NY Buys Shares of 9,153 ConvergeOne Holdings Inc (CVON)

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Metropolitan Life Insurance Co. NY bought a new position in ConvergeOne Holdings Inc (NASDAQ:CVON) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,153 shares of the company’s stock, valued at approximately $113,000.

A number of other hedge funds have also recently modified their holdings of CVON. Wells Fargo & Company MN increased its stake in shares of ConvergeOne by 47.6% in the 3rd quarter. Wells Fargo & Company MN now owns 31,780 shares of the company’s stock valued at $296,000 after buying an additional 10,250 shares during the period. JPMorgan Chase & Co. increased its stake in shares of ConvergeOne by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 52,845 shares of the company’s stock valued at $492,000 after buying an additional 10,135 shares during the period. BlackRock Inc. increased its stake in shares of ConvergeOne by 3.2% in the 3rd quarter. BlackRock Inc. now owns 1,261,266 shares of the company’s stock valued at $11,742,000 after buying an additional 38,952 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of ConvergeOne in the 4th quarter valued at $62,000. Finally, Kassirer Asset Management Corp acquired a new stake in shares of ConvergeOne in the 4th quarter valued at $1,591,000. 22.70% of the stock is currently owned by institutional investors.

NASDAQ CVON opened at $12.44 on Monday. The firm has a market capitalization of $950.42 million, a PE ratio of 32.74 and a beta of 0.45. ConvergeOne Holdings Inc has a 52 week low of $7.95 and a 52 week high of $12.75.

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About ConvergeOne

ConvergeOne Holdings, Inc provides collaboration and technology solutions for large and medium enterprises in the United States. The company offers unified communications solutions, including communications applications, such as voice, email, presence, chat/text, and video technologies; voice and text messaging solutions; mobility and bring your own device solutions for business continuity with the seamless connection of mobile, landline, cellular, and Wi-Fi enabled devices; conferencing solutions, as well as streaming and recording, and security services; and software integration services.

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Institutional Ownership by Quarter for ConvergeOne (NASDAQ:CVON)

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