Wolverine Asset Management LLC reduced its position in shares of AlphaVest Acquisition Corp (NASDAQ:ATMV - Free Report) by 55.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 200,000 shares of the company's stock after selling 245,598 shares during the period. Wolverine Asset Management LLC owned 2.85% of AlphaVest Acquisition worth $2,280,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Glazer Capital LLC boosted its position in AlphaVest Acquisition by 16.1% during the third quarter. Glazer Capital LLC now owns 267,330 shares of the company's stock worth $2,978,000 after acquiring an additional 37,067 shares during the last quarter. Crossingbridge Advisors LLC purchased a new position in shares of AlphaVest Acquisition during the 3rd quarter worth $3,087,000. Finally, Mizuho Securities USA LLC boosted its holdings in shares of AlphaVest Acquisition by 108.7% during the third quarter. Mizuho Securities USA LLC now owns 560,368 shares of the company's stock worth $6,220,000 after purchasing an additional 291,908 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.
AlphaVest Acquisition Stock Performance
AlphaVest Acquisition stock traded up $0.09 during trading on Tuesday, hitting $11.53. The company's stock had a trading volume of 7,600 shares, compared to its average volume of 11,793. The stock's fifty day moving average is $11.41 and its 200 day moving average is $11.27. AlphaVest Acquisition Corp has a 1-year low of $10.82 and a 1-year high of $11.56.
About AlphaVest Acquisition
(
Free Report)
AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.
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