Marshall Wace LLP purchased a new position in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA – Get Rating) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 699,998 shares of the company’s stock, valued at approximately $7,057,000. Marshall Wace LLP owned 2.70% of Investcorp India Acquisition as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Fir Tree Capital Management LP purchased a new position in shares of Investcorp India Acquisition during the third quarter worth $4,032,000. Cantor Fitzgerald L. P. purchased a new position in Investcorp India Acquisition in the third quarter valued at $6,711,000. Citadel Advisors LLC purchased a new position in Investcorp India Acquisition in the third quarter valued at $9,453,000. Shaolin Capital Management LLC purchased a new position in Investcorp India Acquisition in the third quarter valued at $10,312,000. Finally, Taconic Capital Advisors LP purchased a new position in Investcorp India Acquisition in the third quarter valued at $2,520,000. 81.34% of the stock is currently owned by hedge funds and other institutional investors.
Investcorp India Acquisition Trading Down 0.2 %
NASDAQ:IVCA opened at $10.50 on Friday. The stock has a fifty day moving average price of $10.42 and a 200 day moving average price of $10.25. Investcorp India Acquisition Corp has a 12-month low of $9.95 and a 12-month high of $10.60.
Investcorp India Acquisition Profile
Investcorp India Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was formerly known as Investcorp Acquisition Corp.
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