share_log

Verition Fund Management LLC Takes Position in HCM Acquisition Corp (NASDAQ:HCMA)

Defense World ·  Dec 16, 2022 05:51

Verition Fund Management LLC purchased a new stake in shares of HCM Acquisition Corp (NASDAQ:HCMA – Get Rating) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 350,000 shares of the company's stock, valued at approximately $3,514,000. Verition Fund Management LLC owned approximately 1.04% of HCM Acquisition as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp purchased a new position in HCM Acquisition during the second quarter valued at approximately $185,000. Bank of Montreal Can purchased a new position in HCM Acquisition during the second quarter valued at approximately $344,000. Goldman Sachs Group Inc. purchased a new position in HCM Acquisition during the first quarter valued at approximately $457,000. Sculptor Capital LP grew its holdings in HCM Acquisition by 100.0% in the second quarter. Sculptor Capital LP now owns 99,998 shares of the company's stock worth $1,004,000 after purchasing an additional 49,998 shares during the last quarter. Finally, PEAK6 Investments LLC purchased a new position in HCM Acquisition in the second quarter worth $502,000. Institutional investors own 64.88% of the company's stock.

Get HCM Acquisition alerts:

HCM Acquisition Price Performance

NASDAQ HCMA opened at $10.25 on Friday. The firm's fifty day simple moving average is $10.18 and its two-hundred day simple moving average is $10.08. HCM Acquisition Corp has a 12-month low of $9.87 and a 12-month high of $10.55.

HCM Acquisition Company Profile

(Get Rating)

HCM Acquisition Corp does not have significant operations. It focuses on effecting 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 Stamford, Connecticut.

Read More

  • Get a free copy of the StockNews.com research report on HCM Acquisition (HCMA)
  • Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
  • This is no Time to Buy Lennar but the Time is Coming
  • Game-Changing News For Mullen Automotive
  • Inflation and the Energy Crisis are Two Freight Trains on a Collision Course – Here's How to Prepare
  • Is Enterprise Products Partners Fairly Valued?

Want to see what other hedge funds are holding HCMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HCM Acquisition Corp (NASDAQ:HCMA – Get Rating).

Receive News & Ratings for HCM Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCM Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment