Schechter Investment Advisors LLC lessened its holdings in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) by 5.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 635,680 shares of the company's stock after selling 39,050 shares during the quarter. Schechter Investment Advisors LLC owned 2.21% of Launch One Acquisition worth $6,490,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of LPAA. LMR Partners LLP bought a new stake in shares of Launch One Acquisition in the 4th quarter worth about $19,898,000. Picton Mahoney Asset Management bought a new stake in shares of Launch One Acquisition in the 4th quarter worth about $16,780,000. D. E. Shaw & Co. Inc. grew its holdings in shares of Launch One Acquisition by 181.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 990,000 shares of the company's stock worth $9,940,000 after purchasing an additional 637,932 shares during the last quarter. Bulldog Investors LLP bought a new stake in shares of Launch One Acquisition in the 4th quarter worth about $5,661,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Launch One Acquisition in the 4th quarter worth about $4,522,000.
Launch One Acquisition Stock Performance
Shares of LPAA remained flat at $10.41 during trading hours on Wednesday. 172,281 shares of the stock traded hands, compared to its average volume of 69,601. The company's 50 day moving average price is $10.40 and its two-hundred day moving average price is $10.24. Launch One Acquisition Corp. has a fifty-two week low of $9.66 and a fifty-two week high of $10.70.
Launch One Acquisition Company Profile
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Free Report)
Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.
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