40,000 Shares in Priveterra Acquisition Corp. (OTCMKTS:PMGMU) Acquired by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC bought a new position in shares of Priveterra Acquisition Corp. (OTCMKTS:PMGMU) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,000 shares of the company’s stock, valued at approximately $398,000.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. purchased a new stake in Priveterra Acquisition during the first quarter worth approximately $1,491,000. CSS LLC IL purchased a new stake in Priveterra Acquisition during the first quarter worth approximately $5,113,000. Wolverine Asset Management LLC purchased a new stake in Priveterra Acquisition during the first quarter worth approximately $1,853,000. Granite Point Capital Management L.P. purchased a new stake in Priveterra Acquisition during the first quarter worth approximately $994,000. Finally, Picton Mahoney Asset Management purchased a new stake in Priveterra Acquisition during the first quarter worth approximately $3,479,000.

PMGMU stock opened at $9.98 on Thursday. Priveterra Acquisition Corp. has a fifty-two week low of $9.70 and a fifty-two week high of $10.51. The stock’s 50 day simple moving average is $9.96.

Priveterra Acquisition Profile

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.

See Also: Do stock splits help investors?

Want to see what other hedge funds are holding PMGMU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Priveterra Acquisition Corp. (OTCMKTS:PMGMU).

Institutional Ownership by Quarter for Priveterra Acquisition (OTCMKTS:PMGMU)

Receive News & Ratings for Priveterra Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Priveterra Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.