Sumitomo Mitsui Trust Holdings Inc. purchased a new position in shares of Jumia Technologies AG – (NYSE:JMIA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,063,875 shares of the company’s stock, valued at approximately $28,108,000. Sumitomo Mitsui Trust Holdings Inc. owned approximately 1.39% of Jumia Technologies at the end of the most recent quarter.
Separately, Winslow Evans & Crocker Inc. purchased a new stake in shares of Jumia Technologies during the second quarter worth $68,000. Hedge funds and other institutional investors own 2.42% of the company’s stock.
Shares of JMIA stock opened at $13.13 on Wednesday. The stock’s fifty day moving average price is $21.09. Jumia Technologies AG – has a 12 month low of $11.30 and a 12 month high of $49.77.
Jumia Technologies Profile
Jumia Technologies AG operates an e-commerce platform in Africa. The company's platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets.
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