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CI Investments Inc. Purchases Shares of 29,800 VMG Consumer Acquisition Corp. (NASDAQ:VMGA)

CI Investments Inc. purchased a new stake in VMG Consumer Acquisition Corp. (NASDAQ:VMGAGet Rating) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 29,800 shares of the company’s stock, valued at approximately $295,000. CI Investments Inc. owned 0.12% of VMG Consumer Acquisition at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Omni Event Management Ltd acquired a new position in VMG Consumer Acquisition in the first quarter valued at approximately $668,000. Timelo Investment Management Inc. acquired a new position in shares of VMG Consumer Acquisition during the 1st quarter worth approximately $793,000. Lynwood Capital Management Inc. acquired a new position in shares of VMG Consumer Acquisition during the 1st quarter worth approximately $994,000. Picton Mahoney Asset Management acquired a new position in shares of VMG Consumer Acquisition during the 1st quarter worth approximately $1,189,000. Finally, Dupont Capital Management Corp acquired a new position in shares of VMG Consumer Acquisition during the 1st quarter worth approximately $1,239,000. 70.29% of the stock is owned by institutional investors and hedge funds.

VMG Consumer Acquisition Stock Down 0.7 %

Shares of VMGA stock opened at $9.93 on Tuesday. The stock has a 50 day simple moving average of $9.98 and a 200-day simple moving average of $9.94. VMG Consumer Acquisition Corp. has a 1-year low of $9.82 and a 1-year high of $10.29.

VMG Consumer Acquisition Company Profile

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VMG Consumer Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring consumer and retail companies across a range of industry verticals, such as food and beverage, beauty and personal care, health and wellness, pet products and services, household products, and multi-unit retailers/services, as well as apparel, footwear, and accessories.

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