KCG Holdings Inc. bought a new stake in shares of Flotek Industries, Inc. (NYSE:FTK) during the first quarter, Holdings Channel reports. The fund bought 10,683 shares of the oil and gas company’s stock, valued at approximately $137,000.

A number of other hedge funds also recently made changes to their positions in the stock. Creative Planning boosted its stake in shares of Flotek Industries by 0.3% in the first quarter. Creative Planning now owns 120,778 shares of the oil and gas company’s stock valued at $1,545,000 after buying an additional 400 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in Flotek Industries by 1.8% in the first quarter. Louisiana State Employees Retirement System now owns 22,100 shares of the oil and gas company’s stock worth $283,000 after buying an additional 400 shares during the last quarter. Arizona State Retirement System boosted its position in Flotek Industries by 1.8% in the first quarter. Arizona State Retirement System now owns 28,267 shares of the oil and gas company’s stock worth $362,000 after buying an additional 500 shares during the last quarter. Prudential Financial Inc. boosted its position in Flotek Industries by 0.6% in the first quarter. Prudential Financial Inc. now owns 92,399 shares of the oil and gas company’s stock worth $1,182,000 after buying an additional 550 shares during the last quarter. Finally, Mason Street Advisors LLC boosted its position in Flotek Industries by 7.6% in the first quarter. Mason Street Advisors LLC now owns 12,664 shares of the oil and gas company’s stock worth $162,000 after buying an additional 893 shares during the last quarter.

Flotek Industries, Inc. (NYSE FTK) traded down 2.2732% during trading on Wednesday, hitting $6.2252. The company’s stock had a trading volume of 591,634 shares. The firm’s market cap is $356.90 million. The firm has a 50 day moving average of $8.47 and a 200 day moving average of $10.60. Flotek Industries, Inc. has a 12 month low of $4.91 and a 12 month high of $16.93.

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A number of research firms have issued reports on FTK. Zacks Investment Research cut Flotek Industries from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. ValuEngine cut Flotek Industries from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Seaport Global Securities restated a “buy” rating on shares of Flotek Industries in a report on Thursday, July 20th. Finally, BidaskClub cut Flotek Industries from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th.

Flotek Industries Company Profile

Flotek Industries, Inc is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT).

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Institutional Ownership by Quarter for Flotek Industries (NYSE:FTK)

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