Wolverine Asset Management LLC Has $2.12 Million Position in AlphaVest Acquisition Corp (NASDAQ:ATMV)

Wolverine Asset Management LLC lifted its stake in AlphaVest Acquisition Corp (NASDAQ:ATMV) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 197,562 shares of the company’s stock after purchasing an additional 6,211 shares during the period. Wolverine Asset Management LLC’s holdings in AlphaVest Acquisition were worth $2,116,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ATMV. Mizuho Securities USA LLC acquired a new stake in AlphaVest Acquisition during the 3rd quarter worth $526,000. Karpus Management Inc. grew its holdings in AlphaVest Acquisition by 52.2% during the 3rd quarter. Karpus Management Inc. now owns 276,100 shares of the company’s stock worth $2,918,000 after acquiring an additional 94,700 shares during the period. Finally, Cowen AND Company LLC acquired a new stake in AlphaVest Acquisition during the 3rd quarter worth $1,146,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

AlphaVest Acquisition Price Performance

ATMV opened at $11.00 on Thursday. AlphaVest Acquisition Corp has a 52 week low of $10.27 and a 52 week high of $11.01. The company has a fifty day moving average price of $10.91 and a two-hundred day moving average price of $10.77.

About AlphaVest Acquisition

AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.