Polar Asset Management Partners Inc. purchased a new position in shares of Feutune Light Acquisition Co. (NASDAQ:FLFV – Get Rating) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 950,000 shares of the company's stock, valued at approximately $9,481,000. Polar Asset Management Partners Inc. owned 0.07% of Feutune Light Acquisition as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Dakota Wealth Management purchased a new stake in shares of Feutune Light Acquisition during the third quarter worth approximately $192,000. Caas Capital Management LP purchased a new stake in shares of Feutune Light Acquisition during the third quarter worth approximately $200,000. Warberg Asset Management LLC purchased a new stake in shares of Feutune Light Acquisition during the third quarter worth approximately $248,000. Wolverine Asset Management LLC purchased a new stake in shares of Feutune Light Acquisition during the third quarter worth approximately $544,000. Finally, First Trust Capital Management L.P. purchased a new stake in shares of Feutune Light Acquisition during the third quarter worth approximately $1,548,000. 61.94% of the stock is currently owned by hedge funds and other institutional investors.

Feutune Light Acquisition Price Performance

NASDAQ FLFV opened at $10.35 on Tuesday. The stock's fifty day moving average is $10.27 and its two-hundred day moving average is $10.11. Feutune Light Acquisition Co. has a fifty-two week low of $9.91 and a fifty-two week high of $10.75.

Feutune Light Acquisition Profile

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Feutune Light Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2022 and is based in Metuchen, New Jersey.

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