Clear Street LLC Buys Shares of 139,943 IB Acquisition Corp. (NASDAQ:IBAC)

Clear Street LLC purchased a new position in shares of IB Acquisition Corp. (NASDAQ:IBAC) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 139,943 shares of the company’s stock, valued at approximately $1,395,000. IB Acquisition makes up 0.0% of Clear Street LLC’s investment portfolio, making the stock its 14th largest position. Clear Street LLC owned 1.02% of IB Acquisition as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Condor Capital Management bought a new position in IB Acquisition during the second quarter valued at approximately $422,000. Highbridge Capital Management LLC bought a new stake in IB Acquisition in the second quarter worth approximately $1,995,000. Context Capital Management LLC acquired a new position in shares of IB Acquisition during the 2nd quarter worth $1,994,000. Finally, Cowen AND Company LLC bought a new position in shares of IB Acquisition during the 2nd quarter valued at $3,593,000.

IB Acquisition Price Performance

IBAC stock opened at $9.98 on Thursday. IB Acquisition Corp. has a 1 year low of $9.93 and a 1 year high of $10.26. The firm has a fifty day simple moving average of $10.00.

IB Acquisition Profile

IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.