New York City-based RPD Fund Management added 725,616 ZoomInfo shares in the third quarter. The overall value of the position increased by $13.7 million quarter over quarter. As of September 30, RPD reported that it owned nearly 6.9 million GTM shares valued at $75.3 million. These 10 stocks could generate the next wave of millionaires…
Florida-based GeoSphere Capital Management initiated a stake of 150,000 shares in Delek during the third quarter. The resulting position was worth about $4.8 million at the end of the quarter and represented 3.7% of 13F reportable assets under management. The holding is not one of GeoSphere’s top five holdings. These 10 stocks could generate the…
The Securities and Exchange Commission is putting a stop to new leveraged funds, for now. On Tuesday, the agency sent warning letters to nine issuers, including Direxion, GraniteShares and ProShares, pausing reviews of leveraged ETFs that provide more than double the exposure to their underlying securities. By pausing reviews and asking issuers to review their…
Ready or not, global 401(k), dual share classes are coming. F/m Investments introduced the first ETF mutual fund share classes last Friday, a bridge the company hopes to use to gain access to retirement plans. It represents one of the first prospectuses submitted to the Securities and Exchange Commission for approval of dual share classes…
Altcoins in grayscale. Photo by BeInCrypto Grayscale just made another bold move that could propel one of crypto’s most promising AI tokens into the big leagues. Meanwhile, technical indicators suggest a significant improvement in the token’s cards, potentially reclaiming its April 2024 all-time high (ATH). Grayscale Investments recently filed a Form 10 registration statement with…
NEW YORK (AP) — The U.S. government shutdown is a sign of caution for private companies rushing to move into the public market. The initial public offering market has been recovering for years after rising inflation slowed activity in 2022. The IPO market is already on track for its best year since 2021 with 163…
