Wolverine Asset Management LLC Takes Position in Churchill Capital Corp VII (NYSE:CVII)

Wolverine Asset Management LLC purchased a new position in shares of Churchill Capital Corp VII (NYSE:CVII - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 246,016 shares of the company's stock, valued at approximately $2,583,000. Wolverine Asset Management LLC owned approximately 0.27% of Churchill Capital Corp VII at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. TrueMark Investments LLC acquired a new stake in shares of Churchill Capital Corp VII in the 4th quarter valued at $210,000. Deltec Asset Management LLC acquired a new stake in shares of Churchill Capital Corp VII in the 3rd quarter valued at $940,000. Ampfield Management L.P. acquired a new stake in shares of Churchill Capital Corp VII in the 4th quarter valued at $46,000. Kepos Capital LP boosted its holdings in shares of Churchill Capital Corp VII by 279.3% in the 3rd quarter. Kepos Capital LP now owns 550,000 shares of the company's stock valued at $5,748,000 after purchasing an additional 405,000 shares in the last quarter. Finally, Westchester Capital Management LLC acquired a new stake in shares of Churchill Capital Corp VII in the 3rd quarter valued at $45,335,000. Institutional investors and hedge funds own 61.16% of the company's stock.

Churchill Capital Corp VII Trading Up 0.2 %

Shares of CVII stock traded up $0.02 during trading hours on Wednesday, reaching $10.73. The company's stock had a trading volume of 3,009 shares, compared to its average volume of 269,053. The firm's 50 day simple moving average is $10.68 and its 200-day simple moving average is $10.57. Churchill Capital Corp VII has a fifty-two week low of $10.16 and a fifty-two week high of $10.85.

Churchill Capital Corp VII Company Profile

Churchill Capital Corp VII, a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.