46,328 Shares in Gigcapital7 Corp. (NASDAQ:GIG) Purchased by Toronto Dominion Bank

Toronto Dominion Bank purchased a new position in Gigcapital7 Corp. (NASDAQ:GIG) during the fourth quarter, Holdings Channel reports. The fund purchased 46,328 shares of the company’s stock, valued at approximately $463,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rangeley Capital LLC purchased a new stake in shares of Gigcapital7 during the 4th quarter worth approximately $100,000. Virtu Financial LLC purchased a new stake in shares of Gigcapital7 during the 4th quarter worth approximately $537,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Gigcapital7 in the fourth quarter worth about $750,000. Berkley W R Corp raised its position 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 purchasing an additional 125,108 shares during the period. Finally, Periscope Capital Inc. bought a new stake in shares of Gigcapital7 in the fourth quarter valued at approximately $2,000,000.

Gigcapital7 Stock Performance

NASDAQ GIG opened at $10.25 on Friday. The company has a 50 day simple moving average of $10.18. Gigcapital7 Corp. has a 12-month low of $9.89 and a 12-month high of $10.28.

Gigcapital7 Profile

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.