Shares of Alphatec Holdings Inc. (NASDAQ:ATEC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $7.44 and last traded at $6.40, with a volume of 500,763 shares trading hands. The stock had previously closed at $6.32.

The stock’s 50 day moving average is $4.40 and its 200 day moving average is $3.49.

A hedge fund recently bought a new stake in Alphatec Holdings stock. Chubb Ltd. purchased a new position in Alphatec Holdings Inc. (NASDAQ:ATEC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,302,070 shares of the medical technology company’s stock, valued at approximately $552,000. Alphatec Holdings makes up 0.2% of Chubb Ltd.’s holdings, making the stock its 29th largest position. Chubb Ltd. owned 2.32% of Alphatec Holdings at the end of the most recent quarter.

About Alphatec Holdings

Alphatec Holdings, Inc is a medical technology company. The Company through its subsidiary, Alphatec Spine, Inc and its subsidiaries (Alphatec Spine) designs, develops, manufactures and markets products for the surgical treatment of spine disorders. Its product portfolio and pipeline addresses the cervical, thoracolumbar and intervertebral regions of the spine and covers a range of spinal disorders and surgical procedures.

5 Day Chart for NASDAQ:ATEC

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