 Wolverine Asset Management LLC raised its position in  Plum Acquisition Corp. IV (NASDAQ:PLMK – Free Report) by 90.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 648,206 shares of the company’s stock after acquiring an additional 308,024 shares during the quarter. Wolverine Asset Management LLC owned approximately 2.67% of Plum Acquisition Corp. IV worth $6,677,000 at the end of the most recent quarter.
Wolverine Asset Management LLC raised its position in  Plum Acquisition Corp. IV (NASDAQ:PLMK – Free Report) by 90.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 648,206 shares of the company’s stock after acquiring an additional 308,024 shares during the quarter. Wolverine Asset Management LLC owned approximately 2.67% of Plum Acquisition Corp. IV worth $6,677,000 at the end of the most recent quarter. 
Several other institutional investors and hedge funds have also bought and sold shares of PLMK. Kepos Capital LP purchased a new stake in shares of Plum Acquisition Corp. IV during the 1st quarter valued at about $502,000. Virtu Financial LLC bought a new stake in Plum Acquisition Corp. IV during the first quarter valued at approximately $694,000. Aristeia Capital L.L.C. purchased a new stake in Plum Acquisition Corp. IV during the first quarter valued at approximately $1,004,000. Picton Mahoney Asset Management purchased a new stake in Plum Acquisition Corp. IV during the first quarter valued at approximately $1,506,000. Finally, Mizuho Securities USA LLC bought a new position in Plum Acquisition Corp. IV in the first quarter worth approximately $1,504,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Plum Acquisition Corp. IV in a research report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
Plum Acquisition Corp. IV Price Performance
Shares of NASDAQ:PLMK opened at $10.41 on Friday. Plum Acquisition Corp. IV has a 1-year low of $9.94 and a 1-year high of $10.58. The firm’s 50 day simple moving average is $10.33 and its two-hundred day simple moving average is $10.26.
About Plum Acquisition Corp. IV
Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.
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