M Holdings Securities Inc. bought a new stake in Riot Blockchain Inc (NASDAQ:RIOT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,500 shares of the technology company’s stock, valued at approximately $1,397,000. M Holdings Securities Inc. owned about 0.06% of Riot Blockchain as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Riot Blockchain during the fourth quarter worth about $108,000. Two Sigma Advisers LP purchased a new position in Riot Blockchain in the 4th quarter worth about $372,000. Sigma Planning Corp purchased a new position in Riot Blockchain in the 4th quarter worth about $404,000. Bank of Montreal Can purchased a new position in Riot Blockchain in the 4th quarter worth about $448,000. Finally, California Public Employees Retirement System purchased a new position in Riot Blockchain in the 4th quarter worth about $480,000. Institutional investors own 13.60% of the company’s stock.
Shares of Riot Blockchain stock opened at $6.64 on Friday. Riot Blockchain Inc has a 52-week low of $3.40 and a 52-week high of $46.20.
Separately, BidaskClub lowered Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 30th.
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Riot Blockchain Profile
Riot Blockchain Inc, formerly Bioptix, Inc, intends to gain exposure to the block chain ecosystem through targeted investments in the sector, with a primary focus on the bitcoin and Ethereum blockchains. The Company also provides Enhanced Surface Plasmon Resonance (SPR) platform for the detection of molecular interactions.
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