Schechter Investment Advisors LLC raised its stake in FTAC Emerald Acquisition Corp. (NASDAQ:EMLDU – Get Rating) by 146.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,483 shares of the company's stock after purchasing an additional 49,070 shares during the period. Schechter Investment Advisors LLC's holdings in FTAC Emerald Acquisition were worth $813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Wealthspring Capital LLC raised its position in FTAC Emerald Acquisition by 40.3% in the 3rd quarter. Wealthspring Capital LLC now owns 170,808 shares of the company's stock valued at $1,684,000 after purchasing an additional 49,070 shares in the last quarter. Toroso Investments LLC acquired a new stake in FTAC Emerald Acquisition in the 1st quarter valued at about $250,000. Robinson Capital Management LLC acquired a new stake in FTAC Emerald Acquisition in the 1st quarter valued at about $249,000. Clear Street LLC increased its holdings in shares of FTAC Emerald Acquisition by 935.7% in the 2nd quarter. Clear Street LLC now owns 5,924 shares of the company's stock valued at $58,000 after acquiring an additional 5,352 shares during the last quarter. Finally, UBS Group AG purchased a new position in shares of FTAC Emerald Acquisition in the 1st quarter valued at about $25,000.

FTAC Emerald Acquisition Stock Performance

EMLDU opened at $10.09 on Friday. FTAC Emerald Acquisition Corp. has a one year low of $9.80 and a one year high of $10.63. The business's 50-day simple moving average is $10.02 and its 200-day simple moving average is $9.93.

FTAC Emerald Acquisition Company Profile

FTAC Emerald Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.

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