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Spartan Fund Management Inc. Invests $546,000 in AlphaVest Acquisition Corp (NASDAQ:ATMV)

AlphaVest Acquisition logo with Unclassified background

Spartan Fund Management Inc. purchased a new position in AlphaVest Acquisition Corp (NASDAQ:ATMV - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 48,988 shares of the company's stock, valued at approximately $546,000. AlphaVest Acquisition comprises approximately 1.7% of Spartan Fund Management Inc.'s holdings, making the stock its 23rd largest position. Spartan Fund Management Inc. owned 0.70% of AlphaVest Acquisition at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ATMV. Berkley W R Corp lifted its position in AlphaVest Acquisition by 92.8% during the 1st quarter. Berkley W R Corp now owns 418,285 shares of the company's stock worth $4,601,000 after acquiring an additional 201,381 shares during the period. Cowen AND Company LLC lifted its holdings in shares of AlphaVest Acquisition by 68.8% during the second quarter. Cowen AND Company LLC now owns 278,202 shares of the company's stock worth $3,069,000 after purchasing an additional 113,410 shares during the period. Finally, Mizuho Securities USA LLC boosted its position in AlphaVest Acquisition by 87.8% in the first quarter. Mizuho Securities USA LLC now owns 236,073 shares of the company's stock valued at $2,561,000 after buying an additional 110,387 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

AlphaVest Acquisition Price Performance

NASDAQ:ATMV traded up $0.01 during midday trading on Tuesday, hitting $11.19. The company's stock had a trading volume of 1,000 shares, compared to its average volume of 36,167. AlphaVest Acquisition Corp has a fifty-two week low of $10.60 and a fifty-two week high of $11.19. The firm's 50 day moving average is $11.14 and its 200-day moving average is $11.07.

AlphaVest Acquisition Profile

(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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Institutional Ownership by Quarter for AlphaVest Acquisition (NASDAQ:ATMV)

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