Robinhood Ventures Fund II (Closed End) (NYSE:RVII) Director Purchases $26,625.00 in Stock

Key Points

  • Director Meredith Whitney purchased 1,500 RVII shares at an average price of $17.75, investing a total of $26,625. The transaction was disclosed in an SEC filing and represents her entire direct ownership position in the fund.
  • RVII stock opened at $18.09 and was reported up 1.4%, while trading between a 52-week low of $17.50 and high of $25.24.
  • Robinhood Ventures Fund II is a closed-end investment company providing exposure to venture capital, private companies, private funds and other growth-oriented private-market investments.

Robinhood Ventures Fund II (Closed End) (NYSE:RVII - Get Free Report) Director Meredith Whitney bought 1,500 shares of the firm's stock in a transaction that occurred on Friday, October 23rd. The stock was purchased at an average price of $17.75 per share, for a total transaction of $26,625.00. Following the completion of the transaction, the director directly owned 1,500 shares of the company's stock, valued at $26,625. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Robinhood Ventures Fund II (Closed End) Stock Up 1.4%

RVII stock opened at $18.09 on Tuesday. The firm has a fifty day simple moving average of $22.10. Robinhood Ventures Fund II has a fifty-two week low of $17.50 and a fifty-two week high of $25.24.

Robinhood Ventures Fund II (NYSE: RVII) is a closed-end investment company designed to provide investors with exposure to venture capital and other private-market investments. The fund's portfolio may include investments in private companies, venture capital funds and related growth-oriented opportunities that are generally less accessible through public markets.

As a closed-end fund, Robinhood Ventures Fund II raises capital from investors and manages a portfolio according to its stated investment objectives and policies.

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