Wolverine Asset Management LLC Grows Holdings in IX Acquisition Corp. (NASDAQ:IXAQ)

Wolverine Asset Management LLC grew its stake in shares of IX Acquisition Corp. (NASDAQ:IXAQ) by 14.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249,630 shares of the company’s stock after acquiring an additional 31,278 shares during the quarter. Wolverine Asset Management LLC owned about 2.90% of IX Acquisition worth $2,893,000 at the end of the most recent quarter.

Separately, Berkley W R Corp boosted its holdings in shares of IX Acquisition by 10.9% in the first quarter. Berkley W R Corp now owns 270,647 shares of the company’s stock valued at $3,031,000 after acquiring an additional 26,501 shares in the last quarter. Hedge funds and other institutional investors own 27.49% of the company’s stock.

IX Acquisition Stock Performance

Shares of NASDAQ IXAQ opened at $11.80 on Tuesday. IX Acquisition Corp. has a 52-week low of $10.95 and a 52-week high of $11.60. The stock’s fifty day simple moving average is $11.61 and its 200 day simple moving average is $11.47.

IX Acquisition Profile

IX Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on companies in the technology, media and telecommunications, and information and communication technology industries.