Toronto Dominion Bank purchased a new stake in GigCapital4, Inc. (NYSEMKT:GIG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 50,000 shares of the technology company’s stock, valued at approximately $492,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Corbyn Investment Management Inc. MD bought a new stake in GigCapital4 in the 2nd quarter valued at $100,000. PNC Financial Services Group Inc. bought a new position in GigCapital4 during the 2nd quarter worth $174,000. Landscape Capital Management L.L.C. bought a new position in GigCapital4 during the 2nd quarter worth $407,000. Alliancebernstein L.P. bought a new position in GigCapital4 during the 2nd quarter worth $780,000. Finally, Tuttle Tactical Management bought a new position in GigCapital4 during the 2nd quarter worth $846,000.
GIG stock opened at $9.85 on Friday. The stock’s fifty day moving average price is $9.82. GigCapital4, Inc. has a fifty-two week low of $1.63 and a fifty-two week high of $3.11.
GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.
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