DRW Securities LLC purchased a new stake in Burtech Acquisition Corp. (NASDAQ:BRKH – Get Rating) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,000 shares of the company's stock, valued at approximately $337,000.

A number of other institutional investors have also recently modified their holdings of BRKH. Context Capital Management LLC purchased a new stake in Burtech Acquisition during the first quarter worth $10,385,000. Yakira Capital Management Inc. acquired a new position in shares of Burtech Acquisition in the second quarter worth $1,514,000. Fir Tree Capital Management LP acquired a new position in shares of Burtech Acquisition in the first quarter worth $4,950,000. Robinson Capital Management LLC acquired a new position in shares of Burtech Acquisition in the second quarter worth $263,000. Finally, Verition Fund Management LLC acquired a new position in shares of Burtech Acquisition in the first quarter worth $2,079,000.

Burtech Acquisition Stock Performance

Shares of NASDAQ BRKH traded down $0.01 during trading on Tuesday, reaching $10.15. The company had a trading volume of 556,780 shares, compared to its average volume of 249,586. Burtech Acquisition Corp. has a twelve month low of $9.80 and a twelve month high of $10.17. The stock has a 50-day moving average price of $10.02 and a two-hundred day moving average price of $9.97.

About Burtech Acquisition

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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