Toronto Dominion Bank purchased a new stake in Spark I Acquisition Co. (NASDAQ:SPKL - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 500,000 shares of the company's stock, valued at approximately $5,320,000. Toronto Dominion Bank owned about 3.05% of Spark I Acquisition as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC raised its stake in shares of Spark I Acquisition by 19.5% in the fourth quarter. Wolverine Asset Management LLC now owns 475,875 shares of the company's stock worth $5,063,000 after purchasing an additional 77,581 shares during the last quarter. D. E. Shaw & Co. Inc. raised its position in Spark I Acquisition by 12.1% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 175,145 shares of the company's stock worth $1,864,000 after buying an additional 18,952 shares during the last quarter. Mizuho Securities USA LLC purchased a new position in Spark I Acquisition during the 4th quarter worth approximately $1,616,000. Finally, Bulldog Investors LLP raised its position in Spark I Acquisition by 46.6% during the 4th quarter. Bulldog Investors LLP now owns 149,734 shares of the company's stock worth $1,593,000 after buying an additional 47,616 shares during the last quarter. 34.90% of the stock is currently owned by hedge funds and other institutional investors.
Spark I Acquisition Stock Performance
SPKL traded up $0.01 during trading on Tuesday, reaching $10.86. 801 shares of the company's stock were exchanged, compared to its average volume of 19,228. Spark I Acquisition Co. has a 1 year low of $10.28 and a 1 year high of $11.95. The company's fifty day simple moving average is $10.82 and its 200-day simple moving average is $10.71.
Spark I Acquisition Company Profile
(
Free Report)
Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.
Featured Articles
Before you consider Spark I Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spark I Acquisition wasn't on the list.
While Spark I Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
