Perkins Capital Management Inc. raised its holdings in shares of Inuvo Inc (NYSEAMERICAN:INUV) by 1.7% in the 1st quarter, Holdings Channel reports. The firm owned 652,527 shares of the technology company’s stock after buying an additional 11,082 shares during the period. Perkins Capital Management Inc.’s holdings in Inuvo were worth $809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Bank of New York Mellon Corp acquired a new stake in Inuvo during the 4th quarter valued at $42,000.
INUV stock traded down $0.01 during trading hours on Monday, hitting $1.37. 900 shares of the stock were exchanged, compared to its average volume of 72,515. Inuvo Inc has a 12 month low of $0.36 and a 12 month high of $1.55.
Inuvo, Inc, together with its subsidiaries, develops technology that connects advertisers with consumers through interactions with content across devices in the United States. The company's exchange is digital marketplace that allows advertisers and publishers the opportunity to buy and sell advertising space in real time.
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