Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys New Position in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $4,024,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 1.11% of M3-Brigade Acquisition V as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MBAV. Wealthspring Capital LLC purchased a new stake in M3-Brigade Acquisition V in the fourth quarter worth $170,000. Periscope Capital Inc. purchased a new stake in M3-Brigade Acquisition V in the fourth quarter worth $2,012,000. Schechter Investment Advisors LLC purchased a new stake in M3-Brigade Acquisition V in the fourth quarter worth $2,637,000. Wolverine Asset Management LLC grew its stake in M3-Brigade Acquisition V by 173.3% in the fourth quarter. Wolverine Asset Management LLC now owns 437,258 shares of the company’s stock worth $4,399,000 after purchasing an additional 277,258 shares during the period. Finally, Picton Mahoney Asset Management purchased a new stake in M3-Brigade Acquisition V in the fourth quarter worth $18,863,000.

M3-Brigade Acquisition V Stock Performance

Shares of MBAV stock opened at $10.20 on Monday. The business has a fifty day moving average price of $10.14. M3-Brigade Acquisition V Corp. has a twelve month low of $9.97 and a twelve month high of $10.53.

M3-Brigade Acquisition V Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.