Focus Impact Acquisition Corp. (NASDAQ:FIAC) Stake Reduced by Advisory Research Inc.

Advisory Research Inc. cut its holdings in Focus Impact Acquisition Corp. (NASDAQ:FIACGet Rating) by 15.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 171,100 shares of the company’s stock after selling 31,500 shares during the quarter. Advisory Research Inc. owned about 0.60% of Focus Impact Acquisition worth $1,714,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FIAC. Periscope Capital Inc. raised its holdings in Focus Impact Acquisition by 47.9% during the 3rd quarter. Periscope Capital Inc. now owns 1,214,118 shares of the company’s stock worth $12,165,000 after buying an additional 393,418 shares during the period. Marshall Wace LLP raised its holdings in Focus Impact Acquisition by 87.5% during the 3rd quarter. Marshall Wace LLP now owns 883,598 shares of the company’s stock worth $8,854,000 after buying an additional 412,282 shares during the period. Centiva Capital LP raised its holdings in Focus Impact Acquisition by 0.4% during the 2nd quarter. Centiva Capital LP now owns 502,624 shares of the company’s stock worth $5,001,000 after buying an additional 1,924 shares during the period. First Trust Capital Management L.P. raised its holdings in Focus Impact Acquisition by 16.3% during the 3rd quarter. First Trust Capital Management L.P. now owns 491,435 shares of the company’s stock worth $4,924,000 after buying an additional 68,792 shares during the period. Finally, Millennium Management LLC acquired a new stake in Focus Impact Acquisition during the 2nd quarter worth about $4,866,000. 69.50% of the stock is currently owned by institutional investors.

Focus Impact Acquisition Stock Performance

NASDAQ FIAC opened at $10.35 on Wednesday. The stock’s 50-day moving average price is $10.29 and its two-hundred day moving average price is $10.13. Focus Impact Acquisition Corp. has a 1 year low of $9.88 and a 1 year high of $10.49.

About Focus Impact Acquisition

(Get Rating)

Focus Impact Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the education technology, technology-enabled manufacturing and services, and financial and healthcare technology sectors.

Further Reading

Want to see what other hedge funds are holding FIAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Focus Impact Acquisition Corp. (NASDAQ:FIACGet Rating).

Institutional Ownership by Quarter for Focus Impact Acquisition (NASDAQ:FIAC)

Receive News & Ratings for Focus Impact Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Impact Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.