Shares of FTAC Hera Acquisition Corp. (NASDAQ:HERA – Get Rating) saw strong trading volume on Tuesday . 3,010,628 shares were traded during trading, an increase of 166% from the previous session's volume of 1,131,288 shares.The stock last traded at $10.17 and had previously closed at $10.15.

FTAC Hera Acquisition Trading Up 0.2 %

The firm has a 50-day simple moving average of $10.09 and a 200-day simple moving average of $9.97.

Institutional Investors Weigh In On FTAC Hera Acquisition

Several large investors have recently added to or reduced their stakes in the business. Glazer Capital LLC increased its stake in FTAC Hera Acquisition by 143.2% in the 3rd quarter. Glazer Capital LLC now owns 6,360,116 shares of the company's stock worth $63,124,000 after acquiring an additional 3,745,250 shares during the last quarter. Aristeia Capital LLC increased its position in shares of FTAC Hera Acquisition by 9.5% in the third quarter. Aristeia Capital LLC now owns 5,162,513 shares of the company's stock worth $51,238,000 after purchasing an additional 447,752 shares during the last quarter. Marshall Wace LLP raised its stake in FTAC Hera Acquisition by 4.4% in the third quarter. Marshall Wace LLP now owns 3,604,283 shares of the company's stock valued at $35,791,000 after purchasing an additional 152,431 shares in the last quarter. Hsbc Holdings PLC lifted its position in FTAC Hera Acquisition by 27.4% during the third quarter. Hsbc Holdings PLC now owns 3,602,883 shares of the company's stock valued at $35,777,000 after purchasing an additional 775,000 shares during the last quarter. Finally, Weiss Asset Management LP grew its stake in FTAC Hera Acquisition by 3.2% in the 3rd quarter. Weiss Asset Management LP now owns 3,346,938 shares of the company's stock worth $33,218,000 after buying an additional 104,588 shares in the last quarter. Institutional investors own 72.45% of the company's stock.

About FTAC Hera Acquisition

FTAC Hera Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Philadelphia, Pennsylvania.

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