Berkley W R Corp Lowers Position in Integrated Wellness Acquisition Corp (NYSE:WEL)

Berkley W R Corp decreased its stake in Integrated Wellness Acquisition Corp (NYSE:WEL - Free Report) by 29.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 209,693 shares of the company's stock after selling 87,966 shares during the period. Berkley W R Corp owned 2.94% of Integrated Wellness Acquisition worth $2,472,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Spartan Fund Management Inc. raised its position in Integrated Wellness Acquisition by 9.7% in the 2nd quarter. Spartan Fund Management Inc. now owns 121,134 shares of the company's stock valued at $1,403,000 after purchasing an additional 10,728 shares during the last quarter. Logan Stone Capital LLC purchased a new position in shares of Integrated Wellness Acquisition in the 2nd quarter valued at approximately $341,000. Mizuho Securities USA LLC increased its stake in Integrated Wellness Acquisition by 10.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 325,821 shares of the company's stock valued at $3,825,000 after buying an additional 30,821 shares during the period. Finally, Crossingbridge Advisors LLC lifted its position in Integrated Wellness Acquisition by 35,204.3% in the third quarter. Crossingbridge Advisors LLC now owns 140,864 shares of the company's stock valued at $1,661,000 after purchasing an additional 140,465 shares during the period. 82.03% of the stock is owned by hedge funds and other institutional investors.

Integrated Wellness Acquisition Price Performance

Shares of Integrated Wellness Acquisition stock remained flat at $11.90 during trading on Friday. The company had a trading volume of 5,239 shares, compared to its average volume of 4,436. The business's 50-day simple moving average is $11.84 and its 200 day simple moving average is $11.71. Integrated Wellness Acquisition Corp has a 12-month low of $11.05 and a 12-month high of $12.08.

Insiders Place Their Bets

In related news, major shareholder Wolverine Asset Management Llc sold 3,000 shares of Integrated Wellness Acquisition stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $11.77, for a total transaction of $35,310.00. Following the completion of the transaction, the insider now directly owns 423,185 shares of the company's stock, valued at approximately $4,980,887.45. The trade was a 0.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 28.20% of the company's stock.

About Integrated Wellness Acquisition

Integrated Wellness Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities in the health, nutrition, fitness, wellness, and beauty sectors.