Fir Tree Capital Management LP Buys New Position in Burtech Acquisition Corp. (NASDAQ:BRKH)

Fir Tree Capital Management LP bought a new stake in shares of Burtech Acquisition Corp. (NASDAQ:BRKHGet Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 500,000 shares of the company’s stock, valued at approximately $4,950,000.

Several other institutional investors and hedge funds also recently made changes to their positions in BRKH. Sage Mountain Advisors LLC acquired a new position in Burtech Acquisition during the 1st quarter worth approximately $198,000. Wealthspring Capital LLC acquired a new position in Burtech Acquisition during the 1st quarter worth approximately $205,000. Bank of Montreal Can acquired a new position in Burtech Acquisition during the 1st quarter worth approximately $218,000. Blackstone Inc. acquired a new position in Burtech Acquisition during the 1st quarter worth approximately $235,000. Finally, PNC Financial Services Group Inc. acquired a new position in Burtech Acquisition during the 1st quarter worth approximately $445,000.

Burtech Acquisition Stock Up 0.1 %

BRKH stock opened at $9.96 on Tuesday. The stock’s 50 day simple moving average is $9.97 and its 200 day simple moving average is $9.93. Burtech Acquisition Corp. has a fifty-two week low of $9.80 and a fifty-two week high of $10.02.

About Burtech Acquisition

(Get Rating)

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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Institutional Ownership by Quarter for Burtech Acquisition (NASDAQ:BRKH)

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