Norges Bank Makes New $10.43 Million Investment in Rush Street Interactive, Inc. (NYSE:RSI)

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Norges Bank acquired a new stake in shares of Rush Street Interactive, Inc. (NYSE:RSI – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 760,100 shares of the company’s stock, valued at approximately $10,429,000. Other hedge funds and other institutional investors also [...]

Norges Bank acquired a new stake in shares of Rush Street Interactive, Inc. ( NYSE:RSI – Free Report ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 760,100 shares of the company’s stock, valued at approximately $10,429,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC raised its position in Rush Street Interactive by 0.4% in the 4th quarter.



Exchange Traded Concepts LLC now owns 260,380 shares of the company’s stock valued at $3,572,000 after buying an additional 1,087 shares during the last quarter. R Squared Ltd bought a new stake in shares of Rush Street Interactive in the 4th quarter worth $28,000. Arizona State Retirement System raised its holdings in shares of Rush Street Interactive by 11.

0% in the fourth quarter. Arizona State Retirement System now owns 22,913 shares of the company’s stock valued at $314,000 after purchasing an additional 2,265 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Rush Street Interactive by 2.

4% during the fourth quarter. Rhumbline Advisers now owns 103,426 shares of the company’s stock valued at $1,419,000 after purchasing an additional 2,457 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in Rush Street Interactive during the fourth quarter worth about $34,000.

24.78% of the stock is owned by institutional investors. Rush Street Interactive Price Performance Shares of NYSE RSI opened at $10.

49 on Wednesday. The stock has a market capitalization of $2.39 billion, a PE ratio of -524.

40 and a beta of 1.90. Rush Street Interactive, Inc.

has a one year low of $5.71 and a one year high of $16.78.

The business’s fifty day moving average price is $12.40 and its 200-day moving average price is $12.54.

Analysts Set New Price Targets Get Our Latest Stock Report on RSI Insider Activity at Rush Street Interactive In other news, COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $10.84, for a total value of $216,800.

00. Following the completion of the transaction, the chief operating officer now directly owns 426,051 shares of the company’s stock, valued at $4,618,392.84.

This trade represents a 4.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .

Also, CEO Richard Todd Schwartz sold 4,419 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $13.75, for a total value of $60,761.

25. Following the sale, the chief executive officer now owns 2,392,587 shares in the company, valued at approximately $32,898,071.25.

The trade was a 0.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here .

In the last three months, insiders have sold 734,429 shares of company stock worth $9,314,246. Company insiders own 56.89% of the company’s stock.

Rush Street Interactive Company Profile ( Free Report ) Rush Street Interactive, Inc operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.

Recommended Stories Want to see what other hedge funds are holding RSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rush Street Interactive, Inc. ( NYSE:RSI – Free Report ).

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