According to the most recent filing that the company made with the Securities and Exchange Commission, R.P.
Investment Advisors L.P.
Decreased its holdings in Forum Merger IV Co (NASDAQ: FMIV) during the third quarter.
This information is derived from the filing that the company made.
The institutional investor now has 550,000 shares of the company’s stock after selling 564,042 shares during the most recent quarter.
This brings the total number of shares they own in the company to 550,000. R.P.
Investment Advisors L.P. had 1.28% of the Forum Merger IV shares, worth $5,395,000 as of the end of the most recent fiscal quarter.
The percentage of a hedge fund’s total assets invested in FMIV has been subject to change at several different funds over the past few months.
During the second quarter, CSS LLC IL achieved a 399.6% increase in the proportion of Forum Merger IV stock it owned. Following the acquisition of an additional 572,985 shares during the most recent quarter, CSS LLC IL now holds 716,362 shares of the company’s stock.
The combined value of all of these shares is $6,999,000.
During the second quarter, Sculptor Capital L.P.
Increased the proportion of Forum Merger IV stock by 0.3 percentage points. Sculptor Capital LP is now the owner of a total of 827,232 shares of the company after purchasing an additional 2,340 shares during the most recent period.
The value of Sculptor Capital L.P.’s holdings in the business at this time is $8,082,000. Old Mission Capital LLC made a brand new investment of approximately 252,000 dollars during the second quarter by purchasing additional shares of Forum Merger IV.
During the second quarter, JPMorgan Chase & Co increased the proportion of Forum Merger IV in its portfolio by 599.5 percent from the previous quarter’s level. JPMorgan Chase & Co now has 349,785 shares of the company’s stock following a series of additional purchases that added up to 299,785 shares over time.
These shares have a current market value of $3,417,000. Finally, during the second quarter, Parallax Volatility Advisers L.P.
Invested approximately $2,698,000 in acquiring a new interest in Forum Merger IV.
Institutional investors and hedge funds collectively own 72.64% of the total number of shares in the company, making up the majority of the shareholders.
On Friday, the price of a share of Forum Merger IV stock remained unchanged at $10.13 through the middle of the trading day.
The company’s stock was traded in amounts totaling 750 shares, a significant drop from the daily average volume of 171,177 shares that are traded in the stock.
The lowest price that Forum Merger IV Co reached in the past year was $9.70, and its highest price was $10.16.
Its simple moving average over the past 50 days is $10.05, and its average over the past 200 days is $9.94.
The stock price serves as the foundation for both of these averages.
The Forum Merger IV Corporation currently does not have many operational businesses.
It plans to combine its operations with those of one or more additional companies through a business combination strategy, such as the purchase of assets, the acquisition of stock, the exchange of capital stock, or reorganization.
The company, which currently has its headquarters in Delray Beach, Florida, did not officially start operations until 2021.
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