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

Wolverine Asset Management LLC bought a new stake in Churchill Capital Corp VII (NYSE:CVII) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 246,016 shares of the company’s stock, valued at approximately $2,583,000.

A number of other hedge funds have also made changes to their positions in the stock. Deltec Asset Management LLC bought a new stake in shares of Churchill Capital Corp VII during the third quarter valued at approximately $940,000. Westchester Capital Management LLC bought a new position in Churchill Capital Corp VII in the third quarter worth approximately $45,335,000. Kepos Capital LP grew its holdings in Churchill Capital Corp VII by 279.3% during the third 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 during the period. TrueMark Investments LLC purchased a new stake in Churchill Capital Corp VII during the fourth quarter valued at about $210,000. Finally, Ampfield Management L.P. bought a new stake in Churchill Capital Corp VII during the 4th quarter valued at approximately $46,000. Institutional investors and hedge funds own 61.16% of the company’s stock.

Churchill Capital Corp VII Trading Up 0.2 %

Churchill Capital Corp VII stock traded up $0.02 during mid-day trading on Wednesday, hitting $10.73. The stock had a trading volume of 1,890 shares, compared to its average volume of 269,038. Churchill Capital Corp VII has a one year low of $10.16 and a one year high of $10.85. The firm’s 50 day moving average is $10.67 and its 200 day moving average is $10.57.

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.