SPX Gestao de Recursos Ltda Invests $3.84 Million in Koç Holding A.S. $KHOLY

SPX Gestao de Recursos Ltda acquired a new position in shares of Koç Holding A.S. (OTCMKTS:KHOLY) in the second quarter, HoldingsChannel reports. The fund acquired 108,412 shares of the company’s stock, valued at approximately $3,840,000.

Separately, Weitz Investment Management Inc. acquired a new position in Koç Holding A.S. in the second quarter valued at about $10,942,000. 0.69% of the stock is owned by institutional investors and hedge funds.

Koç Holding A.S. Stock Performance

Shares of KHOLY opened at $22.45 on Friday. Koç Holding A.S. has a 1 year low of $18.09 and a 1 year high of $25.44. The stock’s 50-day moving average price is $20.93 and its two-hundred day moving average price is $21.43.

Koç Holding A.S. Company Profile

Koç Holding A.Ş. is Turkey’s largest industrial and services conglomerate, founded in 1926 by Vehbi Koç and headquartered in Istanbul. Over nearly a century of operations, the group has expanded from its origins in trade and contracting to become a highly diversified holding company with interests in energy, automotive, consumer durables, finance, tourism and digital technologies. Koç Holding maintains significant stakes in more than 20 publicly traded and privately held companies, many of which are leaders in their respective sectors.

In the energy sector, Koç Holding’s affiliates include Tüpraş, Turkey’s leading oil refiner, and Aygaz, a major provider of liquefied petroleum gas.