Tabor Asset Management LP bought a new stake in shares of IB Acquisition Corp. (NASDAQ:IBAC - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 200,000 shares of the company's stock, valued at approximately $2,064,000. Tabor Asset Management LP owned 1.46% of IB Acquisition as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Toronto Dominion Bank acquired a new position in shares of IB Acquisition during the 4th quarter worth approximately $7,507,000. Berkley W R Corp boosted its stake in IB Acquisition by 705.7% in the fourth quarter. Berkley W R Corp now owns 198,675 shares of the company's stock valued at $2,012,000 after acquiring an additional 174,016 shares in the last quarter. Crossingbridge Advisors LLC boosted its stake in shares of IB Acquisition by 23.7% during the fourth quarter. Crossingbridge Advisors LLC now owns 455,320 shares of the company's stock worth $4,612,000 after buying an additional 87,100 shares during the period. Finally, Virtu Financial LLC raised its holdings in IB Acquisition by 14.5% during the fourth quarter. Virtu Financial LLC now owns 105,524 shares of the company's stock worth $1,069,000 after purchasing an additional 13,370 shares in the last quarter.
IB Acquisition Stock Up 0.0%
IB Acquisition stock traded up $0.00 during mid-day trading on Friday, reaching $10.45. IB Acquisition Corp. has a twelve month low of $9.98 and a twelve month high of $10.53. The business has a 50 day moving average price of $10.45 and a 200 day moving average price of $10.34.
IB Acquisition Company Profile
(
Free Report)
IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.
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