Home Market News Bank of Montreal Can Makes New $1.25 Million Investment in Live Oak Mobility Acquisition Corp. (NYSE:LOKM)

Bank of Montreal Can Makes New $1.25 Million Investment in Live Oak Mobility Acquisition Corp. (NYSE:LOKM)

by MarketBeat News

Bank of Montreal Can bought a new position in Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 127,300 shares of the company’s stock, valued at approximately $1,248,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hartree Partners LP acquired a new stake in shares of Live Oak Mobility Acquisition during the 2nd quarter worth about $1,960,000. Lynwood Capital Management Inc. increased its position in shares of Live Oak Mobility Acquisition by 20.0% during the 2nd quarter. Lynwood Capital Management Inc. now owns 30,000 shares of the company’s stock worth $294,000 after purchasing an additional 5,000 shares during the last quarter. Verition Fund Management LLC increased its position in shares of Live Oak Mobility Acquisition by 2.4% during the 1st quarter. Verition Fund Management LLC now owns 264,656 shares of the company’s stock worth $2,596,000 after purchasing an additional 6,290 shares during the last quarter. Icon Advisers Inc. Co. acquired a new stake in shares of Live Oak Mobility Acquisition during the 1st quarter worth about $158,000. Finally, Hsbc Holdings PLC increased its position in shares of Live Oak Mobility Acquisition by 19.2% during the 1st quarter. Hsbc Holdings PLC now owns 236,081 shares of the company’s stock worth $2,307,000 after purchasing an additional 38,048 shares during the last quarter. 70.71% of the stock is owned by institutional investors and hedge funds.

Live Oak Mobility Acquisition Stock Performance

Shares of Live Oak Mobility Acquisition stock opened at $9.96 on Friday. The business has a 50-day moving average of $9.92 and a 200 day moving average of $9.85. Live Oak Mobility Acquisition Corp. has a 12 month low of $9.67 and a 12 month high of $9.98.

About Live Oak Mobility Acquisition

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Live Oak Mobility Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Memphis, Tennessee.

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Want to see what other hedge funds are holding LOKM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating).

Institutional Ownership by Quarter for Live Oak Mobility Acquisition (NYSE:LOKM)

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