Toronto Dominion Bank purchased a new position in shares of Valuence Merger Corp. I (NASDAQ:VMCA - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,497 shares of the company's stock, valued at approximately $835,000. Toronto Dominion Bank owned approximately 0.98% of Valuence Merger Corp. I as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMCA. Virtu Financial LLC purchased a new stake in shares of Valuence Merger Corp. I during the 4th quarter worth about $220,000. Boothbay Fund Management LLC purchased a new position in shares of Valuence Merger Corp. I in the 4th quarter valued at about $685,000. Finally, Berkley W R Corp raised its holdings in Valuence Merger Corp. I by 162.5% in the 4th quarter. Berkley W R Corp now owns 261,289 shares of the company's stock worth $3,010,000 after purchasing an additional 161,766 shares during the period. Institutional investors and hedge funds own 52.21% of the company's stock.
Valuence Merger Corp. I Stock Performance
VMCA stock remained flat at $12.00 during mid-day trading on Monday. Valuence Merger Corp. I has a 12 month low of $11.39 and a 12 month high of $11.79. The company's fifty day moving average price is $11.94 and its two-hundred day moving average price is $11.72. The company has a market cap of $88.44 million, a P/E ratio of 75.00 and a beta of 0.01.
Valuence Merger Corp. I Profile
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Free Report)
Valuence Merger Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in developing breakthrough technology in life sciences and/or advancing a platform for sustainable technology in Asia.
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