100,000 Shares in TG Venture Acquisition Corp. (NASDAQ:TGVC) Bought by Verition Fund Management LLC

Verition Fund Management LLC bought a new position in shares of TG Venture Acquisition Corp. (NASDAQ:TGVCGet Rating) in the first quarter, HoldingsChannel reports. The fund bought 100,000 shares of the company’s stock, valued at approximately $990,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TGVC. Karpus Management Inc. boosted its stake in TG Venture Acquisition by 27.4% in the first quarter. Karpus Management Inc. now owns 1,336,568 shares of the company’s stock valued at $13,232,000 after acquiring an additional 287,700 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in TG Venture Acquisition in the fourth quarter valued at $3,820,000. Context Capital Management LLC acquired a new position in TG Venture Acquisition in the first quarter valued at $2,072,000. Whitebox Advisors LLC acquired a new position in TG Venture Acquisition in the fourth quarter valued at $1,964,000. Finally, Beryl Capital Management LLC acquired a new position in TG Venture Acquisition in the fourth quarter valued at $1,852,000. Institutional investors and hedge funds own 70.92% of the company’s stock.

TG Venture Acquisition Stock Performance

NASDAQ TGVC opened at $9.95 on Thursday. TG Venture Acquisition Corp. has a 1 year low of $9.78 and a 1 year high of $10.42. The company has a fifty day moving average of $9.97 and a two-hundred day moving average of $9.94.

About TG Venture Acquisition

(Get Rating)

TG Venture Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology industries primarily within the space technology, financial technology, technology, media and telecom, and related sectors in the United States and other developed countries.

Read More

Want to see what other hedge funds are holding TGVC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TG Venture Acquisition Corp. (NASDAQ:TGVCGet Rating).

Institutional Ownership by Quarter for TG Venture Acquisition (NASDAQ:TGVC)

Receive News & Ratings for TG Venture Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TG Venture Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.