PowerUp Acquisition (NASDAQ:PWUP) Shares Up 0.5%

PowerUp Acquisition Corp. (NASDAQ:PWUP) shares traded up 0.5% during trading on Monday . The stock traded as high as $11.29 and last traded at $11.29. 800 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 18,474 shares. The stock had previously closed at $11.23.

PowerUp Acquisition Stock Up 0.5 %

The company has a fifty day moving average price of $11.26 and a 200 day moving average price of $11.23.

Institutional Trading of PowerUp Acquisition

A hedge fund recently bought a new stake in PowerUp Acquisition stock. First Pacific Advisors LP bought a new position in PowerUp Acquisition Corp. (NASDAQ:PWUP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 56,966 shares of the company’s stock, valued at approximately $628,000. First Pacific Advisors LP owned 0.63% of PowerUp Acquisition as of its most recent SEC filing. Hedge funds and other institutional investors own 19.17% of the company’s stock.

About PowerUp Acquisition

PowerUp Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on video gaming, gaming adjacent, and metaverse businesses.