Schechter Investment Advisors LLC Invests $2.64 Million in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

Schechter Investment Advisors LLC bought a new position in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 262,170 shares of the company's stock, valued at approximately $2,637,000. Schechter Investment Advisors LLC owned approximately 0.73% of M3-Brigade Acquisition V at the end of the most recent quarter.

Separately, Wealthspring Capital LLC acquired a new position in M3-Brigade Acquisition V during the fourth quarter worth $170,000.

M3-Brigade Acquisition V Stock Performance

M3-Brigade Acquisition V stock traded up $0.01 during midday trading on Thursday, reaching $10.18. The company's stock had a trading volume of 4,455 shares, compared to its average volume of 16,627. M3-Brigade Acquisition V Corp. has a fifty-two week low of $9.97 and a fifty-two week high of $10.53. The company's 50 day simple moving average is $10.11.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.