GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 57,500 shares of the company's stock, valued at approximately $578,000. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.16% of M3-Brigade Acquisition V 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 the stock. Picton Mahoney Asset Management purchased a new stake in M3-Brigade Acquisition V during the fourth quarter worth $18,863,000. Wolverine Asset Management LLC boosted its stake in shares of M3-Brigade Acquisition V by 173.3% during the 4th quarter. Wolverine Asset Management LLC now owns 437,258 shares of the company's stock worth $4,399,000 after acquiring an additional 277,258 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of M3-Brigade Acquisition V during the 4th quarter valued at about $4,024,000. Schechter Investment Advisors LLC purchased a new position in shares of M3-Brigade Acquisition V in the 4th quarter valued at about $2,637,000. Finally, Periscope Capital Inc. purchased a new position in shares of M3-Brigade Acquisition V in the 4th quarter valued at about $2,012,000.
M3-Brigade Acquisition V Price Performance
MBAV stock remained flat at $10.23 during mid-day trading on Monday. The company's stock had a trading volume of 2,948 shares, compared to its average volume of 19,233. M3-Brigade Acquisition V Corp. has a 52 week low of $9.97 and a 52 week high of $10.53. The company has a 50-day moving average of $10.20.
About M3-Brigade Acquisition V
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Free Report)
M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.
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