Mizuho Securities USA LLC Buys 929,938 Shares of JVSPAC Acquisition Corp. (NASDAQ:JVSA)

Mizuho Securities USA LLC raised its holdings in shares of JVSPAC Acquisition Corp. (NASDAQ:JVSA - Free Report) by 219.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,353,000 shares of the company's stock after purchasing an additional 929,938 shares during the quarter. Mizuho Securities USA LLC owned 21.65% of JVSPAC Acquisition worth $14,491,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of JVSPAC Acquisition during the first quarter worth $143,000. TrueMark Investments LLC purchased a new position in shares of JVSPAC Acquisition during the 2nd quarter worth $144,000. Robinson Capital Management LLC acquired a new position in JVSPAC Acquisition in the 1st quarter valued at about $353,000. Shaolin Capital Management LLC purchased a new stake in JVSPAC Acquisition during the 1st quarter worth about $1,005,000. Finally, Periscope Capital Inc. purchased a new position in JVSPAC Acquisition in the first quarter valued at approximately $1,006,000.

JVSPAC Acquisition Price Performance

Shares of JVSA remained flat at $10.38 during mid-day trading on Friday. JVSPAC Acquisition Corp. has a one year low of $10.02 and a one year high of $10.42. The stock has a 50-day simple moving average of $10.34 and a two-hundred day simple moving average of $10.23.

JVSPAC Acquisition Profile

JVSPAC Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Wan Chai, Hong Kong.