340,266 Shares in CommerceHub, Inc. (CHUBK) Purchased by Northern Trust Corp

Northern Trust Corp acquired a new stake in CommerceHub, Inc. (NASDAQ:CHUBK) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 340,266 shares of the company’s stock, valued at approximately $5,934,000. Northern Trust Corp owned approximately 0.79% of CommerceHub at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Citigroup Inc. purchased a new stake in shares of CommerceHub in the second quarter valued at approximately $929,000. New York State Common Retirement Fund purchased a new stake in shares of CommerceHub in the second quarter valued at approximately $542,000. Yorktown Management & Research Co Inc purchased a new stake in shares of CommerceHub in the second quarter valued at approximately $313,000. Nationwide Fund Advisors purchased a new stake in shares of CommerceHub in the second quarter valued at approximately $285,000. Finally, TIAA CREF Investment Management LLC purchased a new stake in shares of CommerceHub in the second quarter valued at approximately $1,875,000. Institutional investors and hedge funds own 52.81% of the company’s stock.

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Shares of CommerceHub, Inc. (NASDAQ CHUBK) opened at $20.03 on Wednesday. The company has a market capitalization of $857.16 and a P/E ratio of 66.07. CommerceHub, Inc. has a 12-month low of $13.14 and a 12-month high of $22.50.

About CommerceHub

CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.

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Institutional Ownership by Quarter for CommerceHub (NASDAQ:CHUBK)

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