246,016 Shares in Churchill Capital Corp VII (NYSE:CVII) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in shares of Churchill Capital Corp VII (NYSE:CVII) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 246,016 shares of the company’s stock, valued at approximately $2,583,000. Wolverine Asset Management LLC owned approximately 0.27% of Churchill Capital Corp VII at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Westchester Capital Management LLC acquired a new stake in Churchill Capital Corp VII in the 3rd quarter valued at about $45,335,000. Kepos Capital LP boosted 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 worth $5,748,000 after purchasing an additional 405,000 shares during the last quarter. Ampfield Management L.P. purchased a new stake in shares of Churchill Capital Corp VII during the 4th quarter valued at approximately $46,000. Deltec Asset Management LLC bought a new position in shares of Churchill Capital Corp VII in the 3rd quarter worth $940,000. Finally, TrueMark Investments LLC purchased a new stake in shares of Churchill Capital Corp VII in the 4th quarter valued at $210,000. 61.16% of the stock is owned by institutional investors and hedge funds.

Churchill Capital Corp VII Trading Up 0.2 %

Shares of Churchill Capital Corp VII stock traded up $0.02 on Wednesday, hitting $10.73. 1,890 shares of the company traded hands, compared to its average volume of 269,038. The business has a 50-day simple moving average of $10.67 and a 200 day simple moving average of $10.57. Churchill Capital Corp VII has a 52 week low of $10.16 and a 52 week high of $10.85.

About Churchill Capital Corp VII

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.