Engineers Gate Manager LP Cuts Stake in Quantum Computing Inc. $QUBT

Engineers Gate Manager LP trimmed its holdings in shares of Quantum Computing Inc. (NASDAQ:QUBT - Free Report) by 97.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,923 shares of the company's stock after selling 641,666 shares during the quarter. Engineers Gate Manager LP's holdings in Quantum Computing were worth $164,000 at the end of the most recent quarter.

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A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new stake in shares of Quantum Computing in the second quarter worth $69,000. NewEdge Advisors LLC raised its holdings in Quantum Computing by 89.4% in the 2nd quarter. NewEdge Advisors LLC now owns 20,718 shares of the company's stock worth $201,000 after acquiring an additional 9,781 shares during the period. Corient Private Wealth LP raised its holdings in Quantum Computing by 477.2% in the 2nd quarter. Corient Private Wealth LP now owns 131,534 shares of the company's stock worth $1,276,000 after acquiring an additional 108,747 shares during the period. HighTower Advisors LLC lifted its position in Quantum Computing by 196.4% during the 2nd quarter. HighTower Advisors LLC now owns 50,918 shares of the company's stock worth $494,000 after acquiring an additional 33,740 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Quantum Computing during the 2nd quarter worth $401,000. Institutional investors and hedge funds own 4.26% of the company's stock.