ATW Spac Management LLC trimmed its position in shares of Burtech Acquisition Corp. (NASDAQ:BRKH – Free Report) by 0.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 394,885 shares of the company’s stock after selling 1,115 shares during the period. Burtech Acquisition makes up approximately 5.3% of ATW Spac Management LLC’s holdings, making the stock its 5th biggest holding. ATW Spac Management LLC’s holdings in Burtech Acquisition were worth $4,454,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Spartan Fund Management Inc. acquired a new stake in shares of Burtech Acquisition in the third quarter valued at about $1,693,000. Clear Street LLC raised its holdings in shares of Burtech Acquisition by 141.8% during the second quarter. Clear Street LLC now owns 3,206 shares of the company’s stock worth $36,000 after purchasing an additional 1,880 shares during the period. Finally, Mizuho Securities USA LLC increased its position in Burtech Acquisition by 3.2% in the third quarter. Mizuho Securities USA LLC now owns 477,327 shares of the company’s stock worth $5,360,000 after buying an additional 14,843 shares during the period. Institutional investors and hedge funds own 97.12% of the company’s stock.
Burtech Acquisition Trading Down 0.1 %
Shares of BRKH opened at $11.40 on Thursday. Burtech Acquisition Corp. has a 52-week low of $10.62 and a 52-week high of $11.41. The firm has a 50-day moving average price of $11.34 and a 200 day moving average price of $11.23.
Burtech Acquisition Profile
Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.
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