Zurich Cantonalbank increases its stock holdings in Nio Inc (NYSE: NIO).

According to a recent Securities and Exchange Commission filing, Zurich Cantonalbank has increased its stake in Nio Inc (NYSE: NIO) by 13.5%. The bank acquired an additional 37,669 shares during Q4, bringing their total shares owned to 316,306, with a value of $3,084,000.

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