BTG Pactual Asset Management US LLC bought a new stake in shares of Texas Ventures Acquisition IV Corp (NASDAQ:TVIVU – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 186,531 shares of the company’s stock, valued at approximately $86,000.
Texas Ventures Acquisition IV Price Performance
Shares of NASDAQ TVIVU opened at $10.04 on Thursday. Texas Ventures Acquisition IV Corp has a one year low of $9.98 and a one year high of $10.39. The company has a fifty day moving average price of $10.06.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Texas Ventures Acquisition IV to a “hold” rating in a research report on Saturday, June 27th.
Texas Ventures Acquisition IV Company Profile
Texas Ventures Acquisition IV is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business and instead focuses on identifying and completing an acquisition transaction.
The company was organized to pursue opportunities across a broad range of industries and geographic markets, depending on the terms of a potential transaction.
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