Shaolin Capital Management LLC boosted its stake in Priveterra Acquisition Corp. (OTCMKTS:PMGMU) by 35.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 809,943 shares of the company’s stock after buying an additional 209,943 shares during the quarter. Shaolin Capital Management LLC’s holdings in Priveterra Acquisition were worth $8,067,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. 683 Capital Management LLC acquired a new stake in Priveterra Acquisition in the 1st quarter valued at $99,000. Gabelli Funds LLC acquired a new stake in Priveterra Acquisition in the 1st quarter valued at $121,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Priveterra Acquisition in the 1st quarter valued at $127,000. Weiss Multi Strategy Advisers LLC bought a new position in Priveterra Acquisition in the 1st quarter valued at $191,000. Finally, Ergoteles LLC bought a new position in Priveterra Acquisition in the 1st quarter valued at $193,000.
PMGMU traded up $0.05 during trading on Thursday, hitting $9.95. The company’s stock had a trading volume of 7,223 shares, compared to its average volume of 60,399. The firm’s 50 day moving average price is $9.91 and its two-hundred day moving average price is $9.95. Priveterra Acquisition Corp. has a 12 month low of $9.70 and a 12 month high of $10.51.
Priveterra Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with other businesses. The company was incorporated in 2020 and is based in Fort Lauderdale, Florida.
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