Shares of Churchill Capital Corp VII (NYSE:CVII - Get Free Report) saw an uptick in trading volume on Tuesday . 292,622 shares changed hands during trading, a decline of 2% from the previous session's volume of 297,111 shares.The stock last traded at $10.72 and had previously closed at $10.69.
Churchill Capital Corp VII Stock Performance
The firm's 50 day moving average price is $10.65 and its 200 day moving average price is $10.55.
Institutional Trading of Churchill Capital Corp VII
Several institutional investors and hedge funds have recently bought and sold shares of CVII. HighTower Advisors LLC purchased a new stake in Churchill Capital Corp VII in the first quarter worth about $1,370,000. Private Capital Management LLC purchased a new position in shares of Churchill Capital Corp VII during the first quarter valued at approximately $196,000. Cubist Systematic Strategies LLC lifted its holdings in shares of Churchill Capital Corp VII by 98.4% during the second quarter. Cubist Systematic Strategies LLC now owns 50,000 shares of the company's stock valued at $489,000 after purchasing an additional 24,800 shares during the last quarter. Royal Bank of Canada purchased a new position in shares of Churchill Capital Corp VII during the third quarter valued at approximately $2,009,000. Finally, BlackRock Inc. lifted its holdings in shares of Churchill Capital Corp VII by 300.0% during the third quarter. BlackRock Inc. now owns 100,000 shares of the company's stock valued at $983,000 after purchasing an additional 75,000 shares during the last quarter. 61.16% of the stock is currently owned by hedge funds and other institutional investors.
Churchill Capital Corp VII Company Profile
(
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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.
Further Reading
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