Inception Growth Acquisition (NASDAQ:IGTA) Trading 0.3% Higher

Inception Growth Acquisition Limited (NASDAQ:IGTA)’s share price traded up 0.3% during trading on Tuesday . The stock traded as high as $11.35 and last traded at $11.35. 239 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 14,174 shares. The stock had previously closed at $11.32.

Inception Growth Acquisition Price Performance

The stock’s fifty day simple moving average is $11.33 and its two-hundred day simple moving average is $11.14.

Institutional Trading of Inception Growth Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in IGTA. Cowen AND Company LLC lifted its holdings in shares of Inception Growth Acquisition by 101.0% during the fourth quarter. Cowen AND Company LLC now owns 100,513 shares of the company’s stock valued at $1,071,000 after purchasing an additional 50,513 shares during the last quarter. Berkley W R Corp raised its holdings in Inception Growth Acquisition by 40.6% during the 1st quarter. Berkley W R Corp now owns 174,920 shares of the company’s stock worth $1,901,000 after buying an additional 50,515 shares during the period. Mizuho Securities USA LLC lifted its stake in Inception Growth Acquisition by 233.3% during the fourth quarter. Mizuho Securities USA LLC now owns 100,000 shares of the company’s stock valued at $1,060,000 after buying an additional 70,000 shares in the last quarter. Clear Street LLC boosted its holdings in shares of Inception Growth Acquisition by 63.8% in the fourth quarter. Clear Street LLC now owns 204,335 shares of the company’s stock worth $2,178,000 after buying an additional 79,594 shares during the period. Finally, K2 Principal Fund L.P. purchased a new position in shares of Inception Growth Acquisition in the first quarter worth approximately $1,159,000. 48.99% of the stock is owned by institutional investors and hedge funds.

About Inception Growth Acquisition

Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors.