Virtu Financial LLC Invests $404,000 in Rigel Resource Acquisition Corp. (NYSE:RRAC)

Posted by Defense World Staff on Jul 24th, 2023

Virtu Financial LLC acquired a new position in shares of Rigel Resource Acquisition Corp. (NYSE:RRAC – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 38,579 shares of the company’s stock, valued at approximately $404,000. Virtu Financial LLC owned 0.13% of Rigel Resource Acquisition at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Glazer Capital LLC grew its stake in shares of Rigel Resource Acquisition by 60.9% during the fourth quarter. Glazer Capital LLC now owns 532,729 shares of the company’s stock worth $5,482,000 after purchasing an additional 201,541 shares in the last quarter. Aristeia Capital LLC raised its holdings in Rigel Resource Acquisition by 61.9% during the fourth quarter. Aristeia Capital LLC now owns 1,540,756 shares of the company’s stock worth $15,854,000 after purchasing an additional 589,198 shares during the last quarter. First Trust Capital Management L.P. raised its holdings in Rigel Resource Acquisition by 1,115.2% during the fourth quarter. First Trust Capital Management L.P. now owns 379,736 shares of the company’s stock worth $3,907,000 after purchasing an additional 348,486 shares during the last quarter. Exos TFP Holdings LLC acquired a new position in Rigel Resource Acquisition during the fourth quarter worth $977,000. Finally, Mizuho Securities USA LLC acquired a new position in shares of Rigel Resource Acquisition in the fourth quarter worth $1,309,000. Hedge funds and other institutional investors own 96.09% of the company’s stock.

Rigel Resource Acquisition Price Performance

NYSE RRAC opened at $10.76 on Monday. Rigel Resource Acquisition Corp. has a fifty-two week low of $9.97 and a fifty-two week high of $11.10. The business has a fifty day moving average of $10.68 and a 200-day moving average of $10.51.