Financial Security Advisor Inc. lifted its position in shares of Wrap Technologies, Inc. (NASDAQ:WRAP – Free Report) by 31.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,049 shares of the company’s stock after purchasing an additional 7,361 shares during the period. Financial Security Advisor Inc. owned 0.07% of Wrap Technologies worth $70,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the company. Symmetry Peak Management LLC acquired a new position in shares of Wrap Technologies during the 4th quarter worth about $66,000. Meridian Wealth Management LLC boosted its holdings in Wrap Technologies by 61.6% in the 4th quarter. Meridian Wealth Management LLC now owns 29,500 shares of the company’s stock valued at $91,000 after purchasing an additional 11,250 shares during the period. Welch Group LLC bought a new stake in Wrap Technologies in the 4th quarter valued at about $218,000. Griffin Asset Management Inc. bought a new stake in Wrap Technologies in the 4th quarter valued at about $57,000. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Wrap Technologies by 351.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 215,250 shares of the company’s stock valued at $667,000 after purchasing an additional 167,547 shares during the period. 8.82% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Wrap Technologies
In other news, Director Kevin W. Mullins sold 12,730 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $2.10, for a total transaction of $26,733.00. Following the completion of the sale, the director now owns 483,421 shares of the company’s stock, valued at approximately $1,015,184.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 14.75% of the company’s stock.
Wrap Technologies Trading Down 1.0 %
About Wrap Technologies
Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.
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