Saba Capital Management L.P. lessened its stake in shares of TKB Critical Technologies 1 (NASDAQ:USCT – Get Rating) by 5.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,433,565 shares of the company's stock after selling 139,719 shares during the period. Saba Capital Management L.P. owned 0.08% of TKB Critical Technologies 1 worth $24,676,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of USCT. Polar Asset Management Partners Inc. grew its holdings in TKB Critical Technologies 1 by 3,110.4% during the third quarter. Polar Asset Management Partners Inc. now owns 609,264 shares of the company's stock valued at $6,174,000 after purchasing an additional 590,286 shares during the period. Calamos Advisors LLC bought a new position in shares of TKB Critical Technologies 1 in the third quarter worth about $3,040,000. Glazer Capital LLC boosted its stake in shares of TKB Critical Technologies 1 by 7.5% in the third quarter. Glazer Capital LLC now owns 1,667,559 shares of the company's stock worth $16,892,000 after acquiring an additional 116,644 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of TKB Critical Technologies 1 in the second quarter worth about $1,124,000. Finally, Millennium Management LLC boosted its stake in shares of TKB Critical Technologies 1 by 40.2% in the second quarter. Millennium Management LLC now owns 370,485 shares of the company's stock worth $3,712,000 after acquiring an additional 106,229 shares during the period. Institutional investors own 73.02% of the company's stock.

TKB Critical Technologies 1 Price Performance

Shares of NASDAQ USCT remained flat at $10.42 during mid-day trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 3,757. The firm's 50 day simple moving average is $10.41 and its two-hundred day simple moving average is $10.27. TKB Critical Technologies 1 has a 1 year low of $9.95 and a 1 year high of $11.42.

TKB Critical Technologies 1 Profile

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TKB Critical Technologies 1 does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company focuses on businesses in the advanced manufacturing, artificial intelligence, automation, data security, energy storage and power management, financial technology, industrial software, Internet of Things, microelectronics, robotics, and wireless communications equipment sectors.

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Want to see what other hedge funds are holding USCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TKB Critical Technologies 1 (NASDAQ:USCT – Get Rating).

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