How to buy United Wholesale Mortgage (UWMC.US) shares

Here's everything we know so far about the United Wholesale Mortgage IPO.

Pontiac, Michigan-based United Wholesale Mortgage aka UWM Holdings, a wholesale mortgage lender, completed its merger with special purpose acquisition company Gores Holdings IV. Shares of United Wholesale Mortgage began trading on the New York Stock Exchange under the ticker symbol "UWMC" on Friday, January 22, 2021. The stock opened at $11.43 per share.

The merger values the newly combined company, which will now be called UMW Holdings Corporation, at $16 billion.

How to buy shares in United Wholesale Mortgage

Before you can invest in United Wholesale Mortgage, you'll need to open a brokerage account.

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for United Wholesale Mortgage. Find the stock by name or ticker symbol: UWMC.US. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy immediately with a market order or use a limit order to delay your purchase until United Wholesale Mortgage reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of United Wholesale Mortgage, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of United Wholesale Mortgage. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like United Wholesale Mortgage can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

Fees for buying 100x United Wholesale Mortgage shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Fineco logo £0 No minimum £6.13
£619.63 total
Capital at risk
eToro Free Stocks logo £0 $200 £3.07
£616.56 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.34
£614.83 total
Capital at risk
Stake logo £0 £50 £3.36
£616.85 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £18.37
£631.87 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £17.48
£630.97 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £17.46
£630.95 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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