Karpus Management Inc. purchased a new position in Kensington Capital Acquisition Corp. V (NYSE:KCGI – Free Report) in the first quarter, Holdings Channel.com reports. The firm purchased 38,793 shares of the company’s stock, valued at approximately $421,000.
A number of other institutional investors have also bought and sold shares of KCGI. Wolverine Asset Management LLC purchased a new stake in Kensington Capital Acquisition Corp. V in the 4th quarter worth $1,096,000. Robinson Capital Management LLC increased its stake in Kensington Capital Acquisition Corp. V by 29.3% in the 4th quarter. Robinson Capital Management LLC now owns 67,608 shares of the company’s stock worth $723,000 after buying an additional 15,308 shares in the last quarter. Finally, Kim LLC purchased a new stake in Kensington Capital Acquisition Corp. V in the 4th quarter worth $2,037,000.
Kensington Capital Acquisition Corp. V Stock Performance
KCGI stock remained flat at $11.13 during trading on Thursday. The company’s stock had a trading volume of 4,251 shares, compared to its average volume of 26,436. Kensington Capital Acquisition Corp. V has a 1-year low of $10.47 and a 1-year high of $11.14. The company has a 50-day moving average price of $11.07 and a two-hundred day moving average price of $10.91.
About Kensington Capital Acquisition Corp. V
Kensington Capital Acquisition Corp. V does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Kensington Capital Acquisition Corp. V was incorporated in 2021 and is based in Westbury, New York.
Read More
- Five stocks we like better than Kensington Capital Acquisition Corp. V
- What is Short Interest? How to Use It
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- What are earnings reports?
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- Profitably Trade Stocks at 52-Week Highs
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Want to see what other hedge funds are holding KCGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kensington Capital Acquisition Corp. V (NYSE:KCGI – Free Report).
Receive News & Ratings for Kensington Capital Acquisition Corp. V Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kensington Capital Acquisition Corp. V and related companies with MarketBeat.com's FREE daily email newsletter.