Kapstone Financial Advisors LLC Buys New Position in NET Power Inc. (NYSE:NPWR)

Kapstone Financial Advisors LLC bought a new stake in NET Power Inc. (NYSE:NPWR) during the 4th quarter, Holdings Channel.com reports. The firm bought 17,395 shares of the company’s stock, valued at approximately $184,000.

Other large investors have also recently bought and sold shares of the company. S&CO Inc. lifted its position in shares of NET Power by 25.3% in the third quarter. S&CO Inc. now owns 251,905 shares of the company’s stock worth $1,765,000 after purchasing an additional 50,805 shares in the last quarter. Quest Partners LLC acquired a new stake in NET Power in the 3rd quarter valued at $153,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in NET Power during the 3rd quarter worth about $394,000. Charles Schwab Investment Management Inc. raised its holdings in NET Power by 24.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 244,852 shares of the company’s stock worth $1,716,000 after acquiring an additional 48,165 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of NET Power during the 3rd quarter worth approximately $82,000. Institutional investors and hedge funds own 53.62% of the company’s stock.

NET Power Price Performance

NYSE:NPWR opened at $6.58 on Tuesday. NET Power Inc. has a 1-year low of $6.53 and a 1-year high of $14.28. The firm has a fifty day simple moving average of $8.95 and a 200 day simple moving average of $9.01.

NET Power Company Profile

NET Power Inc operates as a clean energy technology company. The company invents, develops, and licenses clean power generation technology. NET Power Inc was founded in 2010 and is headquartered in Durham, North Carolina.