Alpine Group USVI LLC bought a new stake in Trinity Merger Corp. (NASDAQ:TMCX) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $104,000.
Other large investors have also recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Trinity Merger by 1,837.1% in the 2nd quarter. Royal Bank of Canada now owns 20,456 shares of the company’s stock valued at $211,000 after buying an additional 19,400 shares in the last quarter. FTB Advisors Inc. acquired a new position in shares of Trinity Merger in the 2nd quarter valued at approximately $229,000. FNY Investment Advisers LLC raised its position in shares of Trinity Merger by 70,246.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 200,486 shares of the company’s stock valued at $2,065,000 after buying an additional 200,201 shares in the last quarter. Cowen Inc. raised its position in shares of Trinity Merger by 172.7% in the 2nd quarter. Cowen Inc. now owns 212,326 shares of the company’s stock valued at $2,187,000 after buying an additional 134,454 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Trinity Merger in the 2nd quarter valued at approximately $3,440,000. Institutional investors own 61.07% of the company’s stock.
Shares of NASDAQ:TMCX traded up $0.01 during midday trading on Friday, hitting $10.45. The stock had a trading volume of 68,225 shares, compared to its average volume of 504,372. The stock has a 50-day moving average price of $10.40. Trinity Merger Corp. has a fifty-two week low of $9.78 and a fifty-two week high of $10.45.
Trinity Merger (NASDAQ:TMCX) last issued its earnings results on Tuesday, August 13th. The company reported $0.04 EPS for the quarter.
Trinity Merger Company Profile
Trinity Merger Corp. develops, owns, and manages various branded hotels in the United Kingdom. It also invests in various commercial and residential units. The company was founded in 2018 and is based in Honolulu, Hawaii.
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