Citadel Advisors LLC increased its position in Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR – Get Rating) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,214,105 shares of the company's stock after buying an additional 34,647 shares during the period. Citadel Advisors LLC owned about 6.72% of Project Energy Reimagined Acquisition worth $21,808,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Hsbc Holdings PLC acquired a new position in Project Energy Reimagined Acquisition in the 1st quarter valued at $9,643,000. Woodline Partners LP acquired a new position in Project Energy Reimagined Acquisition in the first quarter valued at $2,922,000. Rivernorth Capital Management LLC purchased a new position in Project Energy Reimagined Acquisition during the first quarter worth about $1,110,000. Goldman Sachs Group Inc. acquired a new stake in Project Energy Reimagined Acquisition in the 1st quarter worth about $128,000. Finally, Bank of Montreal Can purchased a new stake in Project Energy Reimagined Acquisition in the 2nd quarter valued at about $528,000. Institutional investors and hedge funds own 68.06% of the company's stock.

Project Energy Reimagined Acquisition Stock Performance

Shares of PEGR stock opened at $10.17 on Thursday. The firm's 50-day simple moving average is $10.12 and its 200-day simple moving average is $9.97. Project Energy Reimagined Acquisition Corp. has a 1-year low of $9.66 and a 1-year high of $10.70.

About Project Energy Reimagined Acquisition

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Project Energy Reimagined Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Redwood City, California.

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