Sage Mountain Advisors LLC decreased its holdings in shares of FTAC Emerald Acquisition Corp. (NASDAQ:EMLDU – Get Rating) by 7.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,168 shares of the company's stock after selling 1,500 shares during the quarter. Sage Mountain Advisors LLC's holdings in FTAC Emerald Acquisition were worth $189,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. UBS Group AG purchased a new stake in shares of FTAC Emerald Acquisition during the 1st quarter valued at $25,000. Condor Capital Management raised its holdings in shares of FTAC Emerald Acquisition by 111.9% in the 1st quarter. Condor Capital Management now owns 2,649 shares of the company's stock worth $26,000 after purchasing an additional 1,399 shares during the period. Toroso Investments LLC acquired a new position in shares of FTAC Emerald Acquisition in the 1st quarter valued at about $250,000. Robinson Capital Management LLC purchased a new stake in shares of FTAC Emerald Acquisition during the 1st quarter worth about $249,000. Finally, Wealthspring Capital LLC raised its holdings in FTAC Emerald Acquisition by 89.9% in the first quarter. Wealthspring Capital LLC now owns 128,738 shares of the company's stock valued at $1,286,000 after buying an additional 60,951 shares during the period.

FTAC Emerald Acquisition Price Performance

Shares of EMLDU stock opened at $9.87 on Thursday. FTAC Emerald Acquisition Corp. has a fifty-two week low of $9.80 and a fifty-two week high of $10.10. The firm's 50 day moving average price is $9.88 and its two-hundred day moving average price is $9.90.

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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