Lazard Growth Acquisition Corp. I (NASDAQ:LGAC) Sets New 52-Week High at $9.92

Shares of Lazard Growth Acquisition Corp. I (NASDAQ:LGACGet Rating) hit a new 52-week high during trading on Friday . The stock traded as high as $9.92 and last traded at $9.91, with a volume of 860460 shares. The stock had previously closed at $9.91.

Lazard Growth Acquisition Corp. I Stock Performance

The firm’s fifty day simple moving average is $9.88 and its 200 day simple moving average is $9.83.

Institutional Trading of Lazard Growth Acquisition Corp. I

Several hedge funds have recently bought and sold shares of LGAC. Captrust Financial Advisors acquired a new stake in shares of Lazard Growth Acquisition Corp. I in the second quarter valued at approximately $42,000. Royal Bank of Canada acquired a new stake in shares of Lazard Growth Acquisition Corp. I in the first quarter valued at approximately $60,000. PenderFund Capital Management Ltd. raised its holdings in shares of Lazard Growth Acquisition Corp. I by 400.0% in the fourth quarter. PenderFund Capital Management Ltd. now owns 6,500 shares of the company’s stock valued at $80,000 after purchasing an additional 5,200 shares during the last quarter. Wealthspring Capital LLC acquired a new stake in shares of Lazard Growth Acquisition Corp. I in the second quarter valued at approximately $117,000. Finally, UBS Group AG raised its holdings in shares of Lazard Growth Acquisition Corp. I by 2,412.1% in the second quarter. UBS Group AG now owns 15,726 shares of the company’s stock valued at $154,000 after purchasing an additional 15,100 shares during the last quarter. 68.00% of the stock is currently owned by institutional investors and hedge funds.

About Lazard Growth Acquisition Corp. I

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Lazard Growth Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It seeks opportunities in the subsectors of healthcare, technology, energy transition, and financial and consumer sectors.

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