Wolverine Asset Management LLC Acquires Shares of 108,358 IB Acquisition Corp. (NASDAQ:IBAC)

Wolverine Asset Management LLC acquired a new stake in shares of IB Acquisition Corp. (NASDAQ:IBAC) in the 3rd quarter, HoldingsChannel reports. The firm acquired 108,358 shares of the company’s stock, valued at approximately $1,084,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Berkley W R Corp acquired a new position in IB Acquisition during the 2nd quarter worth approximately $246,000. Condor Capital Management acquired a new stake in shares of IB Acquisition in the 2nd quarter worth approximately $422,000. Dakota Wealth Management purchased a new stake in IB Acquisition in the 3rd quarter valued at approximately $682,000. SkyView Investment Advisors LLC purchased a new stake in IB Acquisition in the 2nd quarter valued at approximately $748,000. Finally, Clear Street LLC purchased a new stake in IB Acquisition in the 2nd quarter valued at approximately $1,395,000.

IB Acquisition Stock Performance

IBAC stock opened at $10.08 on Wednesday. IB Acquisition Corp. has a 1 year low of $9.93 and a 1 year high of $10.26. The company has a 50 day moving average of $10.03.

About IB Acquisition

IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.