Mizuho Securities USA LLC Raises Holdings in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)

Mizuho Securities USA LLC grew its stake in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO - Free Report) by 254.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 363,302 shares of the company's stock after acquiring an additional 260,697 shares during the quarter. Mizuho Securities USA LLC owned about 3.53% of Patria Latin American Opportunity Acquisition worth $4,196,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Wolverine Asset Management LLC raised its stake in Patria Latin American Opportunity Acquisition by 35.6% in the 3rd quarter. Wolverine Asset Management LLC now owns 405,308 shares of the company's stock valued at $4,706,000 after purchasing an additional 106,301 shares during the last quarter. Spartan Fund Management Inc. purchased a new stake in shares of Patria Latin American Opportunity Acquisition during the third quarter worth about $49,000. K2 Principal Fund L.P. purchased a new position in shares of Patria Latin American Opportunity Acquisition during the second quarter valued at approximately $1,374,000. Virtu Financial LLC purchased a new position in shares of Patria Latin American Opportunity Acquisition during the first quarter valued at approximately $128,000. Finally, Berkley W R Corp boosted its position in Patria Latin American Opportunity Acquisition by 82.9% during the first quarter. Berkley W R Corp now owns 1,520,263 shares of the company's stock worth $17,164,000 after acquiring an additional 689,218 shares during the last quarter. Institutional investors and hedge funds own 72.25% of the company's stock.

Patria Latin American Opportunity Acquisition Stock Performance

PLAO remained flat at $11.63 during trading on Friday. The company's stock had a trading volume of 8 shares, compared to its average volume of 1,016. Patria Latin American Opportunity Acquisition Corp. has a 52 week low of $11.03 and a 52 week high of $12.06. The business has a fifty day simple moving average of $11.61 and a 200 day simple moving average of $11.52.

Patria Latin American Opportunity Acquisition Profile

Patria Latin American Opportunity Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America.