NewEdge Wealth LLC Invests $289,000 in Lilium (NASDAQ:LILM)

NewEdge Wealth LLC acquired a new position in shares of Lilium (NASDAQ:LILM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 245,000 shares of the company’s stock, valued at approximately $289,000.

Other institutional investors also recently modified their holdings of the company. Invesco Ltd. boosted its holdings in shares of Lilium by 1,114.0% during the 1st quarter. Invesco Ltd. now owns 5,231,916 shares of the company’s stock worth $20,823,000 after buying an additional 4,800,934 shares during the period. B. Riley Financial Inc. boosted its holdings in shares of Lilium by 297.2% during the 3rd quarter. B. Riley Financial Inc. now owns 4,349,053 shares of the company’s stock worth $3,097,000 after buying an additional 3,254,249 shares during the period. Allianz Asset Management GmbH boosted its holdings in shares of Lilium by 96.4% during the 1st quarter. Allianz Asset Management GmbH now owns 3,120,711 shares of the company’s stock worth $12,420,000 after buying an additional 1,531,711 shares during the period. Equitec Proprietary Markets LLC boosted its holdings in shares of Lilium by 330.7% during the 3rd quarter. Equitec Proprietary Markets LLC now owns 2,322,608 shares of the company’s stock worth $1,657,000 after buying an additional 1,783,368 shares during the period. Finally, AWM Investment Company Inc. bought a new stake in shares of Lilium during the 3rd quarter worth about $1,609,000. 8.30% of the stock is currently owned by institutional investors and hedge funds.

Lilium Price Performance

NASDAQ LILM opened at $0.89 on Thursday. Lilium has a 12-month low of $0.37 and a 12-month high of $1.90. The firm has a 50-day moving average price of $0.94 and a two-hundred day moving average price of $0.92.

Lilium Profile

Lilium N.V., a transportation company, engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training, maintenance operations, material and battery management, global distribution, flight operations support, ground service equipment, and digital solutions.