Schonfeld Strategic Advisors LLC purchased a new position in Gigcapital7 Corp. (NASDAQ:GIG - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 75,000 shares of the company's stock, valued at approximately $750,000. Schonfeld Strategic Advisors LLC owned approximately 0.23% of Gigcapital7 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Westchester Capital Management LLC purchased a new position in shares of Gigcapital7 during the 4th quarter valued at $9,580,000. Picton Mahoney Asset Management acquired a new stake in shares of Gigcapital7 in the fourth quarter worth $7,175,000. Berkley W R Corp lifted its stake in shares of Gigcapital7 by 46.0% in the fourth quarter. Berkley W R Corp now owns 397,066 shares of the company's stock valued at $3,971,000 after buying an additional 125,108 shares during the period. Mizuho Securities USA LLC acquired a new stake in shares of Gigcapital7 during the 4th quarter worth approximately $3,372,000. Finally, Wolverine Asset Management LLC bought a new stake in Gigcapital7 in the 4th quarter valued at $3,027,000.
Gigcapital7 Price Performance
Shares of Gigcapital7 stock traded down $0.02 during trading on Monday, reaching $10.22. The stock had a trading volume of 2,000 shares, compared to its average volume of 44,018. The business's fifty day simple moving average is $10.15. Gigcapital7 Corp. has a 52 week low of $9.89 and a 52 week high of $10.24.
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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