Arena Capital Advisors LLC CA Makes New $4.04 Million Investment in Social Capital Suvretta Holdings Corp. IV (NASDAQ:DNAD)

Arena Capital Advisors LLC CA bought a new stake in Social Capital Suvretta Holdings Corp. IV (NASDAQ:DNAD) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 400,000 shares of the company’s stock, valued at approximately $4,040,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DNAD. Panagora Asset Management Inc. acquired a new stake in shares of Social Capital Suvretta Holdings Corp. IV in the 2nd quarter valued at about $87,000. Waratah Capital Advisors Ltd. bought a new position in Social Capital Suvretta Holdings Corp. IV in the 2nd quarter valued at about $505,000. Picton Mahoney Asset Management bought a new position in Social Capital Suvretta Holdings Corp. IV in the 2nd quarter valued at about $1,010,000. Finally, Magnetar Financial LLC bought a new position in Social Capital Suvretta Holdings Corp. IV in the 2nd quarter valued at about $6,066,000.

NASDAQ DNAD traded down $0.03 during trading hours on Wednesday, hitting $9.77. The company’s stock had a trading volume of 126,164 shares, compared to its average volume of 122,982. Social Capital Suvretta Holdings Corp. IV has a 52 week low of $9.70 and a 52 week high of $10.19. The company’s 50-day moving average price is $9.82.

Social Capital Suvretta Holdings Corp. IV Profile

Social Capital Suvretta Holdings Corp. IV intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target business operating in the biotechnology industry and within the immunology subsector.

Recommended Story: Stock Symbols, CUSIP and Other Stock Identifiers

Institutional Ownership by Quarter for Social Capital Suvretta Holdings Corp. IV (NASDAQ:DNAD)

Receive News & Ratings for Social Capital Suvretta Holdings Corp. IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Social Capital Suvretta Holdings Corp. IV and related companies with MarketBeat.com's FREE daily email newsletter.