Advisory Research Inc. bought a new position in Priveterra Acquisition Corp. (OTCMKTS:PMGMU) in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 145,740 shares of the company’s stock, valued at approximately $1,449,000.
A number of other hedge funds have also recently modified their holdings of PMGMU. Dupont Capital Management Corp purchased a new position in Priveterra Acquisition in the 1st quarter worth $1,491,000. The Manufacturers Life Insurance Company acquired a new stake in Priveterra Acquisition during the 1st quarter worth about $994,000. Picton Mahoney Asset Management acquired a new stake in Priveterra Acquisition during the 1st quarter worth about $3,479,000. Sage Mountain Advisors LLC acquired a new stake in Priveterra Acquisition during the 1st quarter worth about $244,000. Finally, Basso Capital Management L.P. acquired a new stake in Priveterra Acquisition during the 1st quarter worth about $40,000.
Shares of PMGMU opened at $9.95 on Friday. The stock’s 50-day moving average is $9.97. Priveterra Acquisition Corp. has a fifty-two week low of $9.70 and a fifty-two week high of $10.51.
Priveterra Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with other businesses. The company was incorporated in 2020 and is based in Fort Lauderdale, Florida.
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