Spartan Fund Management Inc. Has $1.72 Million Stake in Integrated Wellness Acquisition Corp (NYSE:WEL)

Spartan Fund Management Inc. raised its stake in shares of Integrated Wellness Acquisition Corp (NYSE:WEL) by 20.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,234 shares of the company’s stock after purchasing an additional 25,100 shares during the period. Integrated Wellness Acquisition accounts for 5.2% of Spartan Fund Management Inc.’s portfolio, making the stock its 5th largest holding. Spartan Fund Management Inc. owned 2.05% of Integrated Wellness Acquisition worth $1,724,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Berkley W R Corp lifted its position in shares of Integrated Wellness Acquisition by 50.2% during the 1st quarter. Berkley W R Corp now owns 297,659 shares of the company’s stock worth $3,387,000 after purchasing an additional 99,480 shares during the last quarter. 82.03% of the stock is currently owned by institutional investors.

Integrated Wellness Acquisition Stock Performance

WEL traded up $0.03 during midday trading on Tuesday, reaching $11.85. The company’s stock had a trading volume of 1,406 shares, compared to its average volume of 14,625. Integrated Wellness Acquisition Corp has a twelve month low of $10.99 and a twelve month high of $12.41. The company has a fifty day simple moving average of $11.77 and a 200 day simple moving average of $11.63.

Insider Transactions at Integrated Wellness Acquisition

In other news, major shareholder Wolverine Asset Management Llc sold 3,000 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $11.77, for a total transaction of $35,310.00. Following the transaction, the insider now owns 423,185 shares in the company, valued at approximately $4,980,887.45. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 34.80% of the stock is currently owned by corporate insiders.

Integrated Wellness Acquisition Company Profile

Integrated Wellness Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities in the health, nutrition, fitness, wellness, and beauty sectors.