WIT Partners Advisory Pte. Ltd. Buys New Position in Canadian Tire Co., Limited $CDNTF

WIT Partners Advisory Pte. Ltd. bought a new stake in Canadian Tire Co., Limited (OTCMKTS:CDNTF) during the second quarter, HoldingsChannel.com reports. The fund bought 49,470 shares of the company’s stock, valued at approximately $1,954,065,000. Canadian Tire accounts for approximately 0.9% of WIT Partners Advisory Pte. Ltd.’s holdings, making the stock its 9th largest holding.

Separately, Robotti Robert purchased a new stake in shares of Canadian Tire during the second quarter worth about $12,515,000. Institutional investors own 2.23% of the company’s stock.

Canadian Tire Price Performance

OTCMKTS:CDNTF opened at $155.70 on Friday. The firm has a 50 day simple moving average of $170.13 and a 200-day simple moving average of $168.68. Canadian Tire Co., Limited has a 1-year low of $150.14 and a 1-year high of $236.05.

Canadian Tire Profile

Canadian Tire Corporation, Limited is a diversified Canadian retail company known for its extensive portfolio of automotive, home, and leisure products. Through its signature Canadian Tire retail stores, the company offers a wide range of goods including automotive parts and accessories, tools and hardware, sporting equipment, home appliances, and seasonal products. In addition to its brick-and-mortar footprint, Canadian Tire operates an integrated e-commerce platform that supports online ordering, in-store pickup, and delivery services.

Founded in 1922 by brothers John W.