Atlantic Union Bankshares Corp Takes Position in IperionX Limited (NASDAQ:IPX)

Atlantic Union Bankshares Corp bought a new stake in shares of IperionX Limited (NASDAQ:IPX) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,000 shares of the company’s stock, valued at approximately $241,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tidal Investments LLC bought a new stake in shares of IperionX during the 3rd quarter worth about $368,000. Jane Street Group LLC raised its holdings in shares of IperionX by 134.2% during the third quarter. Jane Street Group LLC now owns 26,528 shares of the company’s stock valued at $591,000 after acquiring an additional 15,202 shares during the period. Stifel Financial Corp raised its holdings in shares of IperionX by 34.3% during the third quarter. Stifel Financial Corp now owns 703,679 shares of the company’s stock valued at $15,671,000 after acquiring an additional 179,650 shares during the period. Finally, Symmetry Peak Management LLC acquired a new stake in shares of IperionX during the third quarter valued at approximately $228,000. 2.76% of the stock is owned by institutional investors and hedge funds.

IperionX Stock Performance

IPX stock opened at $20.55 on Friday. IperionX Limited has a 52-week low of $12.50 and a 52-week high of $38.93. The company’s 50 day simple moving average is $27.53 and its 200-day simple moving average is $24.89. The company has a debt-to-equity ratio of 0.02, a quick ratio of 13.61 and a current ratio of 13.62.

IperionX Profile

IperionX’s mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX’s breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.