Sage Mountain Advisors LLC decreased its position in UTA Acquisition Co. (NASDAQ:UTAAU – Get Rating) by 49.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,940 shares of the company's stock after selling 28,960 shares during the quarter. Sage Mountain Advisors LLC's holdings in UTA Acquisition were worth $301,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in UTAAU. Spartan Fund Management Inc. bought a new stake in shares of UTA Acquisition in the 1st quarter valued at approximately $2,812,000. Bank of America Corp DE bought a new stake in shares of UTA Acquisition in the 1st quarter valued at approximately $200,000. Walleye Capital LLC bought a new stake in shares of UTA Acquisition in the 2nd quarter valued at approximately $141,000. Finally, Prelude Capital Management LLC grew its stake in shares of UTA Acquisition by 31.6% in the 2nd quarter. Prelude Capital Management LLC now owns 25,000 shares of the company's stock valued at $248,000 after buying an additional 6,000 shares in the last quarter.

UTA Acquisition Stock Performance

UTAAU opened at $10.21 on Wednesday. The business has a 50 day moving average price of $10.15 and a 200 day moving average price of $10.14. UTA Acquisition Co. has a twelve month low of $9.92 and a twelve month high of $10.70.

About UTA Acquisition

UTA Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a target business operating in the gaming, digital media, creator economy, entertainment, and technology industries.

See Also

• Get a free copy of the StockNews.com research report on UTA Acquisition (UTAAU)
• Will Nordstrom Stock be the Grinch This Year?
• Harpoon Therapeutics Remains Volatile After Promising News
• We Are the Champions: 3 Dividend Growers Wall Street Loves
• What is Market Structure in Trading?
• Institutional Selling Is No Headwind For Nike

Want to see what other hedge funds are holding UTAAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UTA Acquisition Co. (NASDAQ:UTAAU – Get Rating).

Receive News & Ratings for UTA Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UTA Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.