Shares of Integrated Wellness Acquisition Corp (NYSE:WEL - Get Free Report) traded up 0.3% during trading on Monday . The company traded as high as $11.85 and last traded at $11.85. 1,406 shares were traded during trading, a decline of 90% from the average session volume of 14,625 shares. The stock had previously closed at $11.82.
Integrated Wellness Acquisition Price Performance
The firm's fifty day simple moving average is $11.77 and its two-hundred day simple moving average is $11.63.
Insider Activity
In related news, major shareholder Wolverine Asset Management Llc sold 3,000 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $11.77, for a total value of $35,310.00. Following the completion of the transaction, the insider now directly owns 423,185 shares in the company, valued at approximately $4,980,887.45. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 34.80% of the company's stock.
Hedge Funds Weigh In On Integrated Wellness Acquisition
A number of hedge funds have recently made changes to their positions in the stock. Berkley W R Corp raised its position in Integrated Wellness Acquisition by 50.2% in the 1st quarter. Berkley W R Corp now owns 297,659 shares of the company's stock valued at $3,387,000 after purchasing an additional 99,480 shares in the last quarter. Logan Stone Capital LLC purchased a new stake in shares of Integrated Wellness Acquisition during the second quarter worth approximately $341,000. Finally, Spartan Fund Management Inc. raised its holdings in Integrated Wellness Acquisition by 20.7% in the third quarter. Spartan Fund Management Inc. now owns 146,234 shares of the company's stock valued at $1,724,000 after acquiring an additional 25,100 shares in the last quarter. Hedge funds and other institutional investors own 82.03% of the company's stock.
Integrated Wellness Acquisition Company Profile
(
Get Free Report)
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.
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