National Pension Service purchased a new position in shares of iQIYI, Inc. ( NASDAQ:IQ – Free Report ) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 101,957 shares of the company's stock, valued at approximately $729,000. Several other hedge funds and other institutional investors have also modified their holdings of IQ. FMR LLC boosted its holdings in iQIYI by 92.1% in the first quarter. FMR LLC now owns 6,366 shares of the company's stock valued at $46,000 after purchasing an additional 3,052 shares during the period.

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