StockNews.com Investment Analysts Firsthand Technology Value Fund (NASDAQ:SVVC – Get Free Report) said in a report released on Sunday. The firm placed a “hold” rating on the investment management company's stock.
First Hand Technology Value Fund Price Performance
SVVC stock began trading at $0.26 on Friday. First Hand Technology Value Fund has a 12-month low of $0.17 and a 12-month high of $1.02. His 50 day simple moving average for this company is $0.25 and his 200 day simple moving average is $0.29. The stock has a market capitalization of $1.79 million, a P/E ratio of -0.05, and a beta of 1.43.
Institutional investors take note of First Hand Technology Value Fund
An institutional investor recently purchased a new position in shares of FirstHand Technology Value Fund. Atria Wealth Solutions Inc. acquired shares of First Hand Technology Value Fund Inc. (NASDAQ:SVVC – Free Report) during the first quarter, according to the company's most recent 13F filing with the Securities and Exchange Commission. He said he had purchased a new one. The institutional investor bought 22,797 shares of the investment management company's stock worth approximately $79,000. Atria Wealth Solutions Inc. owned approximately 0.33% of Firsthand Technology Value Fund at the end of the most recent reporting period. 52.70% of the stock is currently owned by hedge funds and other institutional investors.
About Firsthand Technology Value Fund
(Get Free Report)
Firsthand Technology Value Fund, Inc. is a business development firm specializing in venture capital investments in startups, early stage, mid-stage, late stage, early development stages, and PIPEs. We aim to invest in pre-IPO companies. The fund also seeks to invest in companies with unprofitable or marginally profitable operating histories, negative net assets, or those undergoing bankruptcy or reorganization proceedings.
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