Mizuho Securities Usa Llc Sells 65,000 Shares of Integrated Wellness Acquisition Corp (NYSE:WEL) Stock

Integrated Wellness Acquisition Corp (NYSE:WEL) major shareholder Mizuho Securities Usa Llc sold 65,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $11.95, for a total value of $776,750.00. Following the completion of the sale, the insider now directly owns 385,009 shares of the company’s stock, valued at approximately $4,600,857.55. This trade represents a 14.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Integrated Wellness Acquisition Stock Performance

Shares of WEL opened at $11.95 on Friday. Integrated Wellness Acquisition Corp has a 52-week low of $11.17 and a 52-week high of $12.08. The company has a 50-day simple moving average of $11.86 and a 200-day simple moving average of $11.73.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Logan Stone Capital LLC acquired a new stake in shares of Integrated Wellness Acquisition during the 2nd quarter valued at approximately $341,000. K2 Principal Fund L.P. purchased a new position in Integrated Wellness Acquisition in the 3rd quarter valued at approximately $849,000. Spartan Fund Management Inc. raised its holdings in Integrated Wellness Acquisition by 9.7% during the second quarter. Spartan Fund Management Inc. now owns 121,134 shares of the company’s stock worth $1,403,000 after purchasing an additional 10,728 shares during the last quarter. Crossingbridge Advisors LLC boosted its position in Integrated Wellness Acquisition by 35,204.3% during the third quarter. Crossingbridge Advisors LLC now owns 140,864 shares of the company’s stock worth $1,661,000 after purchasing an additional 140,465 shares in the last quarter. Finally, Mizuho Securities USA LLC grew its holdings in Integrated Wellness Acquisition by 10.4% in the third quarter. Mizuho Securities USA LLC now owns 325,821 shares of the company’s stock valued at $3,825,000 after purchasing an additional 30,821 shares during the last quarter. 82.03% of the stock is currently owned by institutional investors and hedge funds.

About Integrated Wellness Acquisition

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.