Spartan Fund Management Inc. Raises Stock Holdings in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP)

Spartan Fund Management Inc. lifted its stake in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP - Free Report) by 1,764.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,616 shares of the company's stock after acquiring an additional 72,506 shares during the quarter. Spartan Fund Management Inc. owned approximately 0.76% of Thunder Bridge Capital Partners IV worth $783,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, ATW Spac Management LLC acquired a new stake in shares of Thunder Bridge Capital Partners IV in the third quarter worth about $444,000. Institutional investors and hedge funds own 33.22% of the company's stock.

Thunder Bridge Capital Partners IV Stock Performance

Shares of NASDAQ THCP traded up $0.01 during mid-day trading on Friday, reaching $10.50. 13,373 shares of the company traded hands, compared to its average volume of 41,052. The company's fifty day moving average is $10.39 and its two-hundred day moving average is $10.29. Thunder Bridge Capital Partners IV Inc. has a fifty-two week low of $10.07 and a fifty-two week high of $10.98.

Thunder Bridge Capital Partners IV Profile

Thunder Bridge Capital Partners IV Inc does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial services industry. Thunder Bridge Capital Partners IV Inc was incorporated in 2021 and is based in Great Falls, Virginia.