Wolverine Asset Management LLC bought a new position in Matlin & Partners Acquisition Co. (NASDAQ:MPAC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 150,000 shares of the company’s stock, valued at approximately $1,464,000. Wolverine Asset Management LLC owned 0.46% of Matlin & Partners Acquisition at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Cowen Inc. acquired a new position in Matlin & Partners Acquisition during the third quarter worth $592,000. Deltec Asset Management LLC acquired a new position in Matlin & Partners Acquisition during the fourth quarter worth $1,464,000. Myriad Asset Management Ltd. acquired a new position in Matlin & Partners Acquisition during the third quarter worth $4,865,000. Karpus Management Inc. raised its stake in Matlin & Partners Acquisition by 361.5% during the third quarter. Karpus Management Inc. now owns 515,061 shares of the company’s stock worth $5,001,000 after acquiring an additional 403,461 shares in the last quarter. Finally, Berkley W R Corp raised its stake in Matlin & Partners Acquisition by 21.3% during the third quarter. Berkley W R Corp now owns 999,331 shares of the company’s stock worth $9,793,000 after acquiring an additional 175,766 shares in the last quarter.
Matlin & Partners Acquisition Co. (MPAC) opened at $9.79 on Monday. Matlin & Partners Acquisition Co. has a 12 month low of $9.65 and a 12 month high of $10.02.
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MOD-PAC CORP. is a designer and manufacturer of folding carton packaging. The Company provides Custom Folding Cartons for branded and private label consumer products in the food and food service, healthcare, medical and automotive industries, while its line of Stock Packaging products is offered to the retail confectionary industry.
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