NN Group (OTCMKTS:NNGPF – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $89.44 and traded as high as $89.6550. NN Group shares last traded at $89.6550, with a volume of 390 shares traded.
NN Group Price Performance
The firm’s 50-day simple moving average is $89.46 and its two-hundred day simple moving average is $85.31.
Institutional Trading of NN Group
A hedge fund recently bought a new position in NN Group stock. Public Employees Retirement System of Ohio acquired a new position in NN Group (OTCMKTS:NNGPF – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 108,373 shares of the company’s stock, valued at approximately $3,401,000. 10.33% of the stock is currently owned by institutional investors and hedge funds.
About NN Group
NN Group N.V. is a Netherlands-based financial services company specializing in insurance and asset management. The company offers a broad range of life and non-life insurance products, pensions, annuities and investment solutions to individual and corporate clients. Through its subsidiary Nationale-Nederlanden, NN Group serves both retail and institutional customers, providing protection and wealth accumulation products designed to meet long-term financial needs.
With origins dating back to 1845, NN Group’s history includes the founding of “De Nederlanden van 1845,” subsequent mergers that formed Nationale-Nederlanden in 1963, and a period as part of ING Group from 1991 until a demerger in 2013.
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