Walleye Capital LLC lessened its stake in Pioneer Merger Corp. (NASDAQ:PACX – Get Rating) by 1.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,216 shares of the company’s stock after selling 1,480 shares during the quarter. Walleye Capital LLC owned 0.15% of Pioneer Merger worth $757,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Sculptor Capital LP boosted its holdings in shares of Pioneer Merger by 39.8% in the first quarter. Sculptor Capital LP now owns 2,214,873 shares of the company’s stock valued at $21,727,000 after buying an additional 630,244 shares during the period. Hsbc Holdings PLC boosted its holdings in shares of Pioneer Merger by 0.6% in the first quarter. Hsbc Holdings PLC now owns 1,610,000 shares of the company’s stock valued at $15,778,000 after buying an additional 9,273 shares during the period. Chai Trust Co. LLC acquired a new position in shares of Pioneer Merger in the fourth quarter valued at approximately $13,325,000. Karpus Management Inc. acquired a new position in shares of Pioneer Merger in the first quarter valued at approximately $10,254,000. Finally, Aristeia Capital LLC boosted its holdings in shares of Pioneer Merger by 6.3% in the first quarter. Aristeia Capital LLC now owns 979,234 shares of the company’s stock valued at $9,606,000 after buying an additional 57,830 shares during the period. Institutional investors and hedge funds own 72.14% of the company’s stock.
Pioneer Merger Stock Performance
Shares of PACX opened at $9.95 on Wednesday. Pioneer Merger Corp. has a 12 month low of $9.72 and a 12 month high of $10.01. The firm has a fifty day simple moving average of $9.91 and a 200 day simple moving average of $9.85.
About Pioneer Merger
Pioneer Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology and consumer sectors. The company was incorporated in 2020 and is based in New York, New York.
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