The PNC Financial Services Group Inc. purchased a new position in shares of Health Assurance Acquisition Corp. (NASDAQ:HAAC) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,500 shares of the company’s stock, valued at approximately $36,000.
Several other hedge funds have also modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new position in shares of Health Assurance Acquisition during the first quarter worth approximately $12,227,000. Dupont Capital Management Corp acquired a new position in shares of Health Assurance Acquisition during the first quarter worth approximately $1,022,000. Finally, IFP Advisors Inc acquired a new position in shares of Health Assurance Acquisition during the first quarter worth approximately $260,000. Institutional investors own 37.76% of the company’s stock.
Shares of HAAC stock opened at $10.04 on Wednesday. Health Assurance Acquisition Corp. has a 12 month low of $9.95 and a 12 month high of $15.20. The stock’s 50 day simple moving average is $10.22.
Health Assurance Acquisition Profile
Health Assurance Acquisition Corp. is a blank check company. It intends to merge, share exchange, asset acquisition, share purchase, reorganization, or business combination with one or more businesses. The company was formerly known as Healthcare Assurance Acquisition Corp. and changed its name to Health Assurance Acquisition Corp.
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