Integrated Wellness Acquisition (NYSE:WEL) Trading 0.3% Higher – What’s Next?

Shares of Integrated Wellness Acquisition Corp (NYSE:WEL) were up 0.3% on Monday . The stock traded as high as $11.85 and last traded at $11.85. Approximately 1,406 shares were traded during trading, a decline of 90% from the average daily volume of 14,625 shares. The stock had previously closed at $11.82.

Integrated Wellness Acquisition Stock Up 0.3 %

The business has a 50 day simple moving average of $11.77 and a 200-day simple moving average of $11.63.

Insider Activity

In other news, major shareholder Wolverine Asset Management Llc sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $11.77, for a total value of $35,310.00. Following the completion of the transaction, the insider now owns 423,185 shares in the company, valued at $4,980,887.45. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 34.80% of the stock is currently owned by company insiders.

Institutional Trading of Integrated Wellness Acquisition

Several hedge funds and other institutional investors have recently modified their holdings of the company. Logan Stone Capital LLC acquired a new position in shares of Integrated Wellness Acquisition during the second quarter worth about $341,000. Spartan Fund Management Inc. raised its position in Integrated Wellness Acquisition by 9.7% in the 2nd quarter. Spartan Fund Management Inc. now owns 121,134 shares of the company’s stock valued at $1,403,000 after buying an additional 10,728 shares during the last quarter. Finally, Berkley W R Corp lifted its stake in Integrated Wellness Acquisition by 50.2% in the 1st quarter. Berkley W R Corp now owns 297,659 shares of the company’s stock valued at $3,387,000 after acquiring an additional 99,480 shares in the last quarter. Institutional investors and hedge funds own 82.03% of the company’s stock.

About Integrated Wellness Acquisition

Integrated Wellness Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities in the health, nutrition, fitness, wellness, and beauty sectors.