Wolverine Asset Management LLC cut its holdings in Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating) by 51.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,000 shares of the company's stock after selling 3,118 shares during the quarter. Wolverine Asset Management LLC's holdings in Swiftmerge Acquisition were worth $29,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Robinson Capital Management LLC boosted its stake in shares of Swiftmerge Acquisition by 51.0% in the first quarter. Robinson Capital Management LLC now owns 26,658 shares of the company's stock valued at $264,000 after buying an additional 9,000 shares in the last quarter. Ergoteles LLC boosted its stake in shares of Swiftmerge Acquisition by 42.1% in the first quarter. Ergoteles LLC now owns 24,017 shares of the company's stock valued at $238,000 after buying an additional 7,117 shares in the last quarter. Finally, Clear Street LLC purchased a new stake in shares of Swiftmerge Acquisition in the first quarter valued at approximately $146,000.

Swiftmerge Acquisition Trading Up 0.4 %

IVCPU opened at $10.07 on Friday. The business's fifty day moving average is $9.96 and its two-hundred day moving average is $9.91. Swiftmerge Acquisition Corp. has a one year low of $9.03 and a one year high of $10.20.

About Swiftmerge Acquisition

Swiftmerge 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 or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.

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