75,200 Shares in GigCapital7 Corp. (NASDAQ:GIG) Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. purchased a new position in shares of GigCapital7 Corp. (NASDAQ:GIG) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 75,200 shares of the company’s stock, valued at approximately $761,000. PNC Financial Services Group Inc. owned 0.23% of GigCapital7 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Toronto Dominion Bank acquired a new stake in shares of GigCapital7 during the fourth quarter worth approximately $463,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of GigCapital7 during the fourth quarter worth approximately $750,000. Centiva Capital LP acquired a new stake in shares of GigCapital7 during the fourth quarter worth approximately $3,000,000. Bulldog Investors LLP acquired a new stake in shares of GigCapital7 during the fourth quarter worth approximately $3,580,000. Finally, Berkley W R Corp boosted its holdings in shares of GigCapital7 by 46.0% during the fourth quarter. Berkley W R Corp now owns 397,066 shares of the company’s stock worth $3,971,000 after purchasing an additional 125,108 shares during the period.

GigCapital7 Stock Performance

GIG stock opened at $10.37 on Tuesday. The firm has a 50 day simple moving average of $10.37 and a 200 day simple moving average of $10.22. GigCapital7 Corp. has a 52 week low of $9.89 and a 52 week high of $10.43.

GigCapital7 (NASDAQ:GIG) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.05 earnings per share for the quarter.

About GigCapital7

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.