Schonfeld Strategic Advisors LLC bought a new stake in shares of Gigcapital7 Corp. (NASDAQ:GIG - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 75,000 shares of the company's stock, valued at approximately $750,000. Schonfeld Strategic Advisors LLC owned approximately 0.23% of Gigcapital7 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Berkley W R Corp boosted its position in shares of Gigcapital7 by 46.0% during the 4th quarter. Berkley W R Corp now owns 397,066 shares of the company's stock valued at $3,971,000 after acquiring an additional 125,108 shares during the last quarter. Westchester Capital Management LLC acquired a new position in shares of Gigcapital7 in the fourth quarter worth $9,580,000. Rangeley Capital LLC acquired a new stake in Gigcapital7 in the 4th quarter valued at about $100,000. Mizuho Securities USA LLC acquired a new stake in shares of Gigcapital7 in the 4th quarter valued at $3,372,000. Finally, Virtu Financial LLC purchased a new stake in Gigcapital7 during the 4th quarter worth about $537,000.
Gigcapital7 Price Performance
NASDAQ:GIG traded up $0.02 during midday trading on Thursday, hitting $10.25. 309,722 shares of the company were exchanged, compared to its average volume of 49,652. The stock has a fifty day moving average of $10.16. Gigcapital7 Corp. has a fifty-two week low of $9.89 and a fifty-two week high of $10.28.
About Gigcapital7
(
Free Report)
GigCapital7 Corp. is a blank check company or special purpose acquisition company. It was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Avishay S.
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