M Holdings Securities Inc. acquired a new stake in Riot Blockchain Inc (NASDAQ:RIOT) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 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 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Riot Blockchain in the fourth quarter valued at $108,000. Two Sigma Advisers LP acquired a new position in shares of Riot Blockchain in the fourth quarter valued at $372,000. Sigma Planning Corp acquired a new position in shares of Riot Blockchain in the fourth quarter valued at $404,000. Bank of Montreal Can acquired a new position in shares of Riot Blockchain in the fourth quarter valued at $448,000. Finally, California Public Employees Retirement System acquired a new position in shares of Riot Blockchain in the fourth quarter valued at $480,000. Hedge funds and other institutional investors own 13.58% of the company’s stock.
Riot Blockchain Inc (RIOT) opened at $8.40 on Thursday. Riot Blockchain Inc has a one year low of $3.06 and a one year high of $46.20.
Separately, BidaskClub downgraded shares of Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research note 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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