JPMorgan Chase & Co. Invests $2.33 Million in American Exceptionalism Acquisition Corp. $AEXA

Key Points

• JPMorgan Chase & Co. bought 212,681 shares of American Exceptionalism Acquisition (NYSE:AEXA) in Q3—about 0.43% of the company—valued at roughly $2.33 million.
• Other institutions also opened new Q3 positions, notably Moore Capital (~$12.02M), Lighthouse Investment Partners (~$8.20M), Anson Funds (~$6.01M) and Radcliffe Capital (~$4.37M).
• AEXA opened at $11.02 (52‑week range $10.49–$11.91, 50‑day average $11.25) and carries an average analyst recommendation of "Sell", including a recent Weiss Ratings sell call.

JPMorgan Chase & Co. purchased a new position in American Exceptionalism Acquisition Corp. (NYSE:AEXA - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 212,681 shares of the company's stock, valued at approximately $2,325,000. JPMorgan Chase & Co. owned about 0.43% of American Exceptionalism Acquisition as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Moore Capital Management LP bought a new position in shares of American Exceptionalism Acquisition in the 3rd quarter worth about $12,023,000. Syquant Capital Sas bought a new position in shares of American Exceptionalism Acquisition in the 3rd quarter worth about $1,366,000. Anson Funds Management LP bought a new position in shares of American Exceptionalism Acquisition in the 3rd quarter worth about $6,013,000. Lighthouse Investment Partners LLC bought a new position in shares of American Exceptionalism Acquisition in the 3rd quarter worth about $8,198,000. Finally, Radcliffe Capital Management L.P. bought a new position in shares of American Exceptionalism Acquisition in the 3rd quarter worth about $4,372,000.

American Exceptionalism Acquisition Stock Performance

AEXA stock opened at $11.02 on Tuesday. American Exceptionalism Acquisition Corp. has a fifty-two week low of $10.49 and a fifty-two week high of $11.91. The business has a 50-day moving average price of $11.25.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (e)" rating on shares of American Exceptionalism Acquisition in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, American Exceptionalism Acquisition has an average rating of "Sell".

American Exceptionalism Acquisition Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world's hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. --- We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.

Want to see what other hedge funds are holding AEXA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Exceptionalism Acquisition Corp. (NYSE:AEXA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.