Verition Fund Management LLC bought a new stake in shares of Burtech Acquisition Corp. (NASDAQ:BRKH – Get Rating) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 210,000 shares of the company’s stock, valued at approximately $2,079,000. Verition Fund Management LLC owned 1.94% of Burtech Acquisition at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of BRKH. Sage Mountain Advisors LLC acquired a new stake in Burtech Acquisition during the 1st quarter valued at $198,000. Wealthspring Capital LLC acquired a new stake in shares of Burtech Acquisition during the first quarter worth $205,000. Bank of Montreal Can bought a new position in shares of Burtech Acquisition in the first quarter worth $218,000. Blackstone Inc. bought a new position in shares of Burtech Acquisition in the first quarter worth $235,000. Finally, PNC Financial Services Group Inc. bought a new position in shares of Burtech Acquisition in the first quarter worth $445,000.
Burtech Acquisition Stock Performance
Shares of NASDAQ BRKH opened at $9.97 on Monday. Burtech Acquisition Corp. has a 52 week low of $9.80 and a 52 week high of $10.02. The stock’s fifty day moving average is $9.97 and its 200 day moving average is $9.93.
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.
- Get a free copy of the StockNews.com research report on Burtech Acquisition (BRKH)
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