Tabor Asset Management LP acquired a new position in IB Acquisition Corp. (NASDAQ:IBAC - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 200,000 shares of the company's stock, valued at approximately $2,064,000. Tabor Asset Management LP owned about 1.46% of IB Acquisition as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in IBAC. Toronto Dominion Bank bought a new stake in shares of IB Acquisition in the 4th quarter worth approximately $7,507,000. Berkley W R Corp grew its position in shares of IB Acquisition by 705.7% in the 4th quarter. Berkley W R Corp now owns 198,675 shares of the company's stock worth $2,012,000 after buying an additional 174,016 shares during the last quarter. Crossingbridge Advisors LLC grew its position in shares of IB Acquisition by 23.7% in the 4th 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 last quarter. Finally, Virtu Financial LLC grew its position in shares of IB Acquisition by 14.5% in the 4th quarter. Virtu Financial LLC now owns 105,524 shares of the company's stock worth $1,069,000 after buying an additional 13,370 shares during the last quarter.
IB Acquisition Trading Up 0.1%
Shares of IBAC traded up $0.01 on Monday, reaching $10.46. The stock had a trading volume of 902 shares, compared to its average volume of 26,869. The company has a 50-day simple moving average of $10.46 and a 200-day simple moving average of $10.34. IB Acquisition Corp. has a 12-month low of $9.98 and a 12-month high of $10.53.
About IB Acquisition
(
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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