Marshall Wace LLP bought a new stake in Arqit Quantum Inc. (NASDAQ:ARQQ - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 27,872 shares of the company's stock, valued at approximately $1,083,000. Marshall Wace LLP owned about 0.22% of Arqit Quantum as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the business. Veracity Capital LLC purchased a new stake in shares of Arqit Quantum in the fourth quarter worth about $420,000. Wolverine Asset Management LLC purchased a new stake in Arqit Quantum in the 4th quarter worth approximately $166,000. SBI Securities Co. Ltd. acquired a new stake in shares of Arqit Quantum during the 4th quarter worth approximately $937,000. Virtu Financial LLC purchased a new position in shares of Arqit Quantum during the 4th quarter valued at approximately $231,000. Finally, BIT Capital GmbH acquired a new position in shares of Arqit Quantum in the 4th quarter valued at $207,000. 16.60% of the stock is owned by hedge funds and other institutional investors.
Arqit Quantum Stock Up 1.2 %
ARQQ stock traded up $0.20 during midday trading on Friday, hitting $16.90. 464,072 shares of the stock traded hands, compared to its average volume of 374,590. Arqit Quantum Inc. has a 1-year low of $3.72 and a 1-year high of $52.79. The stock's fifty day simple moving average is $14.76 and its 200-day simple moving average is $18.09.
Arqit Quantum Company Profile
(
Free Report)
Arqit Quantum Inc provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc is based in London, the United Kingdom.
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