5:01 Acquisition Corp. (NASDAQ:FVAM) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC trimmed its stake in shares of 5:01 Acquisition Corp. (NASDAQ:FVAMGet Rating) by 49.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,690 shares of the company’s stock after selling 7,547 shares during the quarter. Wolverine Asset Management LLC owned about 0.07% of 5:01 Acquisition worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in FVAM. Sculptor Capital LP raised its position in shares of 5:01 Acquisition by 35.1% during the 3rd quarter. Sculptor Capital LP now owns 398,972 shares of the company’s stock worth $3,918,000 after purchasing an additional 103,600 shares during the period. Berkley W R Corp acquired a new stake in shares of 5:01 Acquisition during the 3rd quarter worth approximately $519,000. Goldman Sachs Group Inc. raised its position in shares of 5:01 Acquisition by 3.2% during the 3rd quarter. Goldman Sachs Group Inc. now owns 412,759 shares of the company’s stock worth $4,053,000 after purchasing an additional 12,919 shares during the period. Millennium Management LLC increased its position in 5:01 Acquisition by 3.7% in the 3rd quarter. Millennium Management LLC now owns 286,121 shares of the company’s stock valued at $2,810,000 after acquiring an additional 10,122 shares during the period. Finally, Bank of America Corp DE increased its position in 5:01 Acquisition by 240,000.0% in the 4th quarter. Bank of America Corp DE now owns 4,802 shares of the company’s stock valued at $47,000 after acquiring an additional 4,800 shares during the period. Institutional investors and hedge funds own 74.38% of the company’s stock.

FVAM opened at $9.84 on Friday. 5:01 Acquisition Corp. has a 12 month low of $9.28 and a 12 month high of $10.09. The stock’s 50 day moving average price is $9.85 and its 200 day moving average price is $9.83.

About 5:01 Acquisition (Get Rating)

5:01 Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.

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Institutional Ownership by Quarter for 5:01 Acquisition (NASDAQ:FVAM)

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