BTQ Technologies Corp $BTQ Holdings Boosted by Van ECK Associates Corp

Van ECK Associates Corp increased its stake in BTQ Technologies Corp (NASDAQ:BTQ) by 51.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 688,752 shares of the company’s stock after purchasing an additional 234,413 shares during the period. Van ECK Associates Corp’s holdings in BTQ Technologies were worth $3,711,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BTQ. Defiance ETFs LLC bought a new position in BTQ Technologies in the 4th quarter worth about $31,458,000. Bank of New York Mellon Corp bought a new position in BTQ Technologies in the 2nd quarter worth approximately $4,133,000. UBS Group AG acquired a new stake in BTQ Technologies in the 4th quarter valued at approximately $2,759,000. Millennium Management LLC acquired a new stake in BTQ Technologies in the 3rd quarter valued at approximately $2,618,000. Finally, Verition Fund Management LLC bought a new stake in BTQ Technologies during the 4th quarter valued at $1,059,000.

BTQ Technologies Trading Down 8.9%

Shares of NASDAQ:BTQ opened at $2.98 on Friday. The stock has a fifty day moving average of $3.81 and a 200-day moving average of $3.54. BTQ Technologies Corp has a one year low of $2.09 and a one year high of $16.00.

BTQ Technologies (NASDAQ:BTQ) last posted its quarterly earnings data on Saturday, May 16th. The company reported ($0.10) earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Alliance Global Partners reissued a “buy” rating on shares of BTQ Technologies in a report on Friday, July 31st. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, BTQ Technologies currently has a consensus rating of “Buy”.

BTQ Technologies Corp is a technology company in the Systems Software industry.