68,200 Shares in IB Acquisition Corp. (NASDAQ:IBAC) Acquired by Dakota Wealth Management

Dakota Wealth Management acquired a new position in IB Acquisition Corp. (NASDAQ:IBAC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 68,200 shares of the company’s stock, valued at approximately $682,000.

Several other hedge funds also recently added to or reduced their stakes in IBAC. Cowen AND Company LLC purchased a new position in IB Acquisition in the second quarter worth approximately $3,593,000. Condor Capital Management purchased a new position in IB Acquisition in the second quarter worth approximately $422,000. Context Capital Management LLC purchased a new position in IB Acquisition in the second quarter worth approximately $1,994,000. Highbridge Capital Management LLC purchased a new position in IB Acquisition in the second quarter worth approximately $1,995,000. Finally, Clear Street LLC purchased a new position in IB Acquisition in the second quarter worth approximately $1,395,000.

IB Acquisition Stock Performance

NASDAQ:IBAC opened at $10.04 on Monday. The stock’s fifty day moving average price is $10.01. IB Acquisition Corp. has a 52 week low of $9.93 and a 52 week high of $10.26.

About IB Acquisition

IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.