Wolverine Asset Management LLC Has $3.42 Million Stake in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)

Wolverine Asset Management LLC lessened its stake in shares of Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) by 46.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 299,007 shares of the company’s stock after selling 262,533 shares during the period. Wolverine Asset Management LLC owned 1.32% of Patria Latin American Opportunity Acquisition worth $3,419,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Virtu Financial LLC bought a new stake in Patria Latin American Opportunity Acquisition in the first quarter valued at $128,000. Wealthspring Capital LLC bought a new position in Patria Latin American Opportunity Acquisition in the first quarter worth approximately $3,430,000. Mizuho Securities USA LLC grew its stake in Patria Latin American Opportunity Acquisition by 30.5% in the first quarter. Mizuho Securities USA LLC now owns 554,741 shares of the company’s stock valued at $6,213,000 after acquiring an additional 129,741 shares during the period. Picton Mahoney Asset Management bought a new stake in shares of Patria Latin American Opportunity Acquisition during the fourth quarter valued at approximately $6,412,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Patria Latin American Opportunity Acquisition during the fourth quarter worth approximately $8,422,000. Institutional investors and hedge funds own 72.25% of the company’s stock.

Patria Latin American Opportunity Acquisition Stock Performance

Shares of PLAO stock opened at $11.54 on Wednesday. Patria Latin American Opportunity Acquisition Corp. has a 12 month low of $10.89 and a 12 month high of $12.06. The firm has a fifty day simple moving average of $11.51 and a two-hundred day simple moving average of $11.40.

Patria Latin American Opportunity Acquisition Company Profile

Patria Latin American Opportunity Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America.