Bank of Montreal Can decreased its position in shares of PowerUp Acquisition Corp. (NASDAQ:PWUP – Get Rating) by 43.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,000 shares of the company's stock after selling 54,596 shares during the period. Bank of Montreal Can owned 0.23% of PowerUp Acquisition worth $733,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors acquired a new stake in PowerUp Acquisition during the third quarter valued at $121,000. Bulldog Investors LLP acquired a new stake in shares of PowerUp Acquisition in the third quarter worth about $254,000. Prelude Capital Management LLC acquired a new stake in shares of PowerUp Acquisition in the third quarter worth about $478,000. UBS Group AG acquired a new stake in shares of PowerUp Acquisition in the second quarter worth about $487,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of PowerUp Acquisition in the second quarter worth about $1,218,000. Institutional investors and hedge funds own 82.32% of the company's stock.
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Shares of NASDAQ:PWUP opened at $10.52 on Friday. PowerUp Acquisition Corp. has a fifty-two week low of $9.94 and a fifty-two week high of $10.60. The business has a 50-day moving average of $10.48 and a two-hundred day moving average of $10.35.
PowerUp Acquisition Company Profile
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PowerUp Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure areas.
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