Toronto Dominion Bank bought a new stake in shares of IB Acquisition Corp. (NASDAQ:IBAC - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 741,050 shares of the company's stock, valued at approximately $7,507,000. Toronto Dominion Bank owned 5.39% of IB Acquisition as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. Wolverine Asset Management LLC grew its position in shares of IB Acquisition by 424.5% during the 4th quarter. Wolverine Asset Management LLC now owns 568,287 shares of the company's stock valued at $5,754,000 after acquiring an additional 459,929 shares during the period. Crossingbridge Advisors LLC boosted its holdings in 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. Berkley W R Corp boosted its holdings in 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. Finally, Virtu Financial LLC boosted its holdings in 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 1.1%
IBAC stock traded up $0.12 during trading on Tuesday, hitting $10.54. The stock had a trading volume of 1,000 shares, compared to its average volume of 51,596. IB Acquisition Corp. has a twelve month low of $9.95 and a twelve month high of $10.54. The company's 50-day moving average price is $10.36 and its two-hundred day moving average price is $10.24.
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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