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Wolverine Asset Management LLC Raises Stock Holdings in Investcorp Europe Acquisition Corp I (NASDAQ:IVCBU)

Defense World ·  Nov 4, 2022 05:31

Wolverine Asset Management LLC grew its stake in Investcorp Europe Acquisition Corp I (NASDAQ:IVCBU – Get Rating) by 2,122.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,000 shares of the company's stock after acquiring an additional 2,865 shares during the quarter. Wolverine Asset Management LLC's holdings in Investcorp Europe Acquisition Corp I were worth $30,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Clear Street LLC acquired a new position in Investcorp Europe Acquisition Corp I in the second quarter valued at $34,000. State Street Corp acquired a new position in Investcorp Europe Acquisition Corp I in the first quarter valued at $133,000. Finally, Spartan Fund Management Inc. acquired a new position in Investcorp Europe Acquisition Corp I in the first quarter valued at $1,264,000.

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Investcorp Europe Acquisition Corp I Stock Performance

Investcorp Europe Acquisition Corp I stock opened at $10.25 on Friday. The stock has a fifty day moving average price of $10.14 and a 200 day moving average price of $10.10. Investcorp Europe Acquisition Corp I has a 52 week low of $10.00 and a 52 week high of $10.65.

Investcorp Europe Acquisition Corp I Profile

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Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other transaction with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors in Western Europe.

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