Fifth Wall Acquisition Corp. III (NASDAQ:FWAC) Trading 1.6% Higher

Fifth Wall Acquisition Corp. III (NASDAQ:FWACGet Free Report)’s share price shot up 1.6% during mid-day trading on Thursday . The company traded as high as $3.75 and last traded at $3.72. 21,789 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 103,540 shares. The stock had previously closed at $3.66.

Fifth Wall Acquisition Corp. III Stock Up 1.6 %

The business’s 50 day moving average is $3.83 and its 200-day moving average is $3.99.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. UBS Group AG lifted its position in shares of Fifth Wall Acquisition Corp. III by 86.5% during the 2nd quarter. UBS Group AG now owns 3,227 shares of the company’s stock worth $31,000 after buying an additional 1,497 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Fifth Wall Acquisition Corp. III by 0.3% during the 1st quarter. Jane Street Group LLC now owns 603,202 shares of the company’s stock worth $6,159,000 after buying an additional 1,810 shares during the last quarter. Westchester Capital Management LLC lifted its position in shares of Fifth Wall Acquisition Corp. III by 0.7% during the 3rd quarter. Westchester Capital Management LLC now owns 523,082 shares of the company’s stock worth $5,147,000 after buying an additional 3,735 shares during the last quarter. Millennium Management LLC lifted its position in shares of Fifth Wall Acquisition Corp. III by 0.5% during the 2nd quarter. Millennium Management LLC now owns 738,792 shares of the company’s stock worth $7,188,000 after buying an additional 3,889 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Fifth Wall Acquisition Corp. III during the 4th quarter worth approximately $103,000. Hedge funds and other institutional investors own 94.66% of the company’s stock.

Fifth Wall Acquisition Corp. III Company Profile

(Get Free Report)

Fifth Wall Acquisition Corp. III does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire business in the real estate industry.

Further Reading

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