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First Trust Capital Management L.P. Raises Holdings in Aetherium Acquisition Corp. (NASDAQ:GMFI)

Financial News Live ·  Feb 28, 2023 13:13

First Trust Capital Management L.P. increased its position in shares of Aetherium Acquisition Corp. (NASDAQ:GMFI – Get Rating) by 11.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 663,500 shares of the company's stock after purchasing an additional 68,700 shares during the quarter. First Trust Capital Management L.P. owned approximately 4.45% of Aetherium Acquisition worth $6,608,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GMFI. Starboard Value LP acquired a new position in Aetherium Acquisition during the first quarter worth $4,571,000. Goldman Sachs Group Inc. acquired a new position in Aetherium Acquisition during the first quarter worth $1,449,000. SkyView Investment Advisors LLC acquired a new position in Aetherium Acquisition during the first quarter worth $1,120,000. Glazer Capital LLC acquired a new position in Aetherium Acquisition during the first quarter worth $1,490,000. Finally, B. Riley Financial Inc. acquired a new position in Aetherium Acquisition during the second quarter worth $691,000. Institutional investors and hedge funds own 70.34% of the company's stock.

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Aetherium Acquisition Stock Performance

Shares of Aetherium Acquisition stock traded up $0.02 during trading hours on Tuesday, hitting $10.32. The company's stock had a trading volume of 45,960 shares, compared to its average volume of 60,511. Aetherium Acquisition Corp. has a twelve month low of $9.72 and a twelve month high of $10.33. The firm has a fifty day moving average of $10.23 and a 200-day moving average of $10.09.

Aetherium Acquisition Company Profile

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Aetherium Acquisition Corp. 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 the education, training, and education technology industries primarily in Asia.

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