400,000 Shares in IG Acquisition Corp. $IGAC Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in IG Acquisition Corp. (NASDAQ:IGACFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 400,000 shares of the company’s stock, valued at approximately $3,936,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised IG Acquisition from a “sell (e-)” rating to a “sell (e)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, IG Acquisition currently has an average rating of “Sell”.

Get Our Latest Report on IGAC

IG Acquisition Price Performance

NASDAQ:IGAC opened at $10.01 on Thursday. IG Acquisition Corp. has a 1 year low of $9.82 and a 1 year high of $10.02. The business has a fifty day moving average of $9.95 and a 200-day moving average of $9.97.

IG Acquisition (NASDAQ:IGACGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.06 earnings per share (EPS) for the quarter.

IG Acquisition Company Profile

(Free Report)

IG Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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Institutional Ownership by Quarter for IG Acquisition (NASDAQ:IGAC)

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