Berkley W R Corp bought a new stake in Forum Merger III Co. (NASDAQ:FIII) during the 1st quarter, HoldingsChannel reports. The fund bought 18,061 shares of the company’s stock, valued at approximately $181,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Wells Fargo & Company MN purchased a new stake in shares of Forum Merger III in the fourth quarter valued at $73,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Forum Merger III in the first quarter valued at $60,000. GWM Advisors LLC purchased a new stake in shares of Forum Merger III in the first quarter valued at $100,000. Mcdonald Partners LLC purchased a new position in Forum Merger III in the 1st quarter worth about $100,000. Finally, Virtu Financial LLC purchased a new position in Forum Merger III in the 4th quarter worth about $167,000.
In related news, CEO Marshall Kiev purchased 500,000 shares of Forum Merger III stock in a transaction that occurred on Monday, June 21st. The shares were bought at an average price of $9.85 per share, with a total value of $4,925,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
About Forum Merger III
As of June 25, 2021, Forum Merger III Corporation was acquired by Electric Last Mile, Inc, in a reverse merger transaction.
See Also: What is a Reverse Stock Split?
Want to see what other hedge funds are holding FIII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Forum Merger III Co. (NASDAQ:FIII).
Receive News & Ratings for Forum Merger III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forum Merger III and related companies with MarketBeat.com's FREE daily email newsletter.