Barclays PLC Buys Shares of 2,936 Bakkt Holdings, Inc. (NYSE:BKKT)

Barclays PLC bought a new stake in shares of Bakkt Holdings, Inc. (NYSE:BKKT) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,936 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in shares of Bakkt in the 3rd quarter worth approximately $2,020,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Bakkt in the 2nd quarter worth approximately $132,000. Point72 DIFC Ltd acquired a new stake in shares of Bakkt in the 2nd quarter worth approximately $118,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Bakkt in the 2nd quarter worth approximately $54,000. 11.11% of the stock is owned by institutional investors and hedge funds.

Bakkt Trading Down 1.8 %

Shares of NYSE:BKKT opened at $24.94 on Friday. The company has a 50 day moving average of $23.92 and a 200-day moving average of $17.39. The firm has a market cap of $340.95 million, a P/E ratio of -2.04 and a beta of 5.48. Bakkt Holdings, Inc. has a twelve month low of $5.57 and a twelve month high of $49.50.

Bakkt Company Profile

Bakkt Holdings, Inc offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants.