Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases New Stake in IG Acquisition Corp. $IGAC

Posted by ABMN Staff on Jun 4th, 2026

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of IG Acquisition Corp. (NASDAQ:IGAC – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 400,000 shares of the company’s stock, valued at approximately $3,936,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 3.99% of IG Acquisition at the end of the most recent quarter.

Analysts Set New Price Targets

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

Get Our Latest Stock Report on IG Acquisition

IG Acquisition Stock Performance

Shares of IGAC opened at $10.01 on Thursday. The stock has a fifty day moving average price of $9.95 and a 200 day moving average price of $9.97. IG Acquisition Corp. has a 12 month low of $9.82 and a 12 month high of $10.02.

IG Acquisition (NASDAQ:IGAC – Get Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.06 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.