Weiss Asset Management LP purchased a new stake in shares of VirnetX Holding Co. (NYSEAMERICAN:VHC) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,290 shares of the technology company’s stock, valued at approximately $128,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nordea Investment Management AB bought a new position in VirnetX during the 4th quarter worth approximately $72,000. BNP Paribas Arbitrage SA lifted its stake in shares of VirnetX by 6,772.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 12,301 shares of the technology company’s stock valued at $78,000 after purchasing an additional 12,122 shares during the period. Winslow Asset Management Inc. purchased a new position in shares of VirnetX in the 1st quarter valued at approximately $88,000. Seelaus Asset Management LLC purchased a new position in shares of VirnetX in the 1st quarter valued at approximately $95,000. Finally, Summit Wealth & Retirement Planning Inc. purchased a new position in shares of VirnetX in the 1st quarter valued at approximately $104,000.
NYSEAMERICAN:VHC traded up $0.04 during trading hours on Thursday, reaching $6.89. 404,149 shares of the company traded hands, compared to its average volume of 762,229. VirnetX Holding Co. has a 1 year low of $2.34 and a 1 year high of $7.04.
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems.
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