Virtu Financial LLC Purchases Shares of 69,142 Plum Acquisition Corp. IV (NASDAQ:PLMK)

Key Points

• Virtu Financial LLC has acquired a new stake in Plum Acquisition Corp. IV (NASDAQ:PLMK), purchasing 69,142 shares valued at approximately $694,000 during the first quarter.
• Other institutional investors, including Mizuho Securities and Wolverine Asset Management, also made substantial investments in PLMK, indicating growing interest in the company.
• The stock of Plum Acquisition Corp. IV opened at $10.31, with a 12-month trading range between $9.94 and $10.34.

Virtu Financial LLC purchased a new position in shares of Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 69,142 shares of the company's stock, valued at approximately $694,000. Virtu Financial LLC owned approximately 0.37% of Plum Acquisition Corp. IV at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Picton Mahoney Asset Management purchased a new position in Plum Acquisition Corp. IV during the 1st quarter worth $1,506,000. Wolverine Asset Management LLC purchased a new position in Plum Acquisition Corp. IV during the 1st quarter worth $3,415,000. Finally, Mizuho Securities USA LLC purchased a new position in Plum Acquisition Corp. IV during the 1st quarter worth $1,504,000.

Plum Acquisition Corp. IV Stock Performance

Plum Acquisition Corp. IV stock traded down $0.01 during midday trading on Friday, hitting $10.30. 20,255 shares of the company's stock were exchanged, compared to its average volume of 18,255. Plum Acquisition Corp. IV has a 12-month low of $9.94 and a 12-month high of $10.34. The business has a 50 day moving average price of $10.28.

Plum Acquisition Corp. IV Profile

Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.