500,000 Shares in Hennessy Capital Acquisition Corp. IV $HCACU Purchased by Magnetar Financial LLC

Magnetar Financial LLC acquired a new position in Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 500,000 shares of the company’s stock, valued at approximately $5,012,000.

Several other hedge funds have also recently bought and sold shares of HCACU. TrueMark Investments LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $143,000. Gritstone Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $250,000. Quarry LP purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $501,000. Mint Tower Capital Management B.V. purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $501,000. Finally, Wolverine Asset Management LLC purchased a new stake in Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $1,002,000.

Hennessy Capital Acquisition Corp. IV Price Performance

Shares of Hennessy Capital Acquisition Corp. IV stock opened at $10.32 on Wednesday. The stock has a 50-day moving average price of $10.33 and a 200 day moving average price of $10.21. Hennessy Capital Acquisition Corp. IV has a 1 year low of $10.00 and a 1 year high of $11.90.

Hennessy Capital Acquisition Corp. IV Company Profile

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.