450,000 Shares in UTA Acquisition Co. (NASDAQ:UTAA) Purchased by Aristeia Capital LLC

Aristeia Capital LLC acquired a new position in UTA Acquisition Co. (NASDAQ:UTAAGet Rating) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 450,000 shares of the company’s stock, valued at approximately $4,437,000. Aristeia Capital LLC owned 1.13% of UTA Acquisition as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. OMERS ADMINISTRATION Corp acquired a new position in UTA Acquisition during the 1st quarter valued at about $394,000. Prelude Capital Management LLC acquired a new position in UTA Acquisition during the 1st quarter valued at about $493,000. Basso Capital Management L.P. acquired a new position in UTA Acquisition during the 1st quarter valued at about $616,000. Lynwood Capital Management Inc. acquired a new position in UTA Acquisition during the 1st quarter valued at about $690,000. Finally, Spring Creek Capital LLC acquired a new position in UTA Acquisition during the 1st quarter valued at about $985,000. Institutional investors and hedge funds own 45.70% of the company’s stock.

UTA Acquisition Price Performance

NASDAQ:UTAA opened at $9.97 on Monday. UTA Acquisition Co. has a twelve month low of $9.72 and a twelve month high of $10.31. The firm’s 50-day simple moving average is $9.95.

About UTA Acquisition

(Get Rating)

UTA Acquisition Corporation 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 its search for a target business operating in the gaming, digital media, creator economy, entertainment, and technology industries.

Further Reading

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Institutional Ownership by Quarter for UTA Acquisition (NASDAQ:UTAA)

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