Crossingbridge Advisors LLC Has $1.66 Million Stock Position in Integrated Wellness Acquisition Corp (NYSE:WEL)

Crossingbridge Advisors LLC raised its holdings in shares of Integrated Wellness Acquisition Corp (NYSE:WEL - Free Report) by 35,204.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,864 shares of the company's stock after purchasing an additional 140,465 shares during the quarter. Integrated Wellness Acquisition makes up 1.3% of Crossingbridge Advisors LLC's holdings, making the stock its 24th biggest position. Crossingbridge Advisors LLC owned about 1.98% of Integrated Wellness Acquisition worth $1,661,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Logan Stone Capital LLC bought a new position in shares of Integrated Wellness Acquisition during the second quarter worth approximately $341,000. Spartan Fund Management Inc. grew its holdings 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 buying an additional 10,728 shares in the last quarter. Finally, Mizuho Securities USA LLC increased its position in Integrated Wellness Acquisition by 10.4% during the 3rd quarter. Mizuho Securities USA LLC now owns 325,821 shares of the company's stock worth $3,825,000 after buying an additional 30,821 shares during the period. 82.03% of the stock is owned by institutional investors.

Integrated Wellness Acquisition Trading Down 0.3 %

Shares of Integrated Wellness Acquisition stock traded down $0.03 during trading on Tuesday, reaching $11.88. The company's stock had a trading volume of 23 shares, compared to its average volume of 4,845. The business's 50-day moving average price is $11.83 and its 200-day moving average price is $11.70. Integrated Wellness Acquisition Corp has a 52 week low of $11.05 and a 52 week high of $12.02.

Insiders Place Their Bets

In other news, major shareholder Wolverine Asset Management Llc sold 3,000 shares of the 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 sale, the insider now directly owns 423,185 shares of the company's stock, valued at approximately $4,980,887.45. This represents a 0.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 28.20% of the company's stock.

Integrated Wellness Acquisition Company Profile

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.