Flow Traders U.S. LLC bought a new stake in FTAC Emerald Acquisition Corp. (NASDAQ:EMLD – Get Rating) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,349 shares of the company's stock, valued at approximately $111,000. Flow Traders U.S. LLC owned about 0.12% of FTAC Emerald Acquisition at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in EMLD. Bank of America Corp DE acquired a new stake in FTAC Emerald Acquisition during the first quarter worth approximately $318,000. Icon Advisers Inc. Co. acquired a new stake in FTAC Emerald Acquisition during the second quarter worth approximately $354,000. Robinson Capital Management LLC grew its position in FTAC Emerald Acquisition by 48.0% during the third quarter. Robinson Capital Management LLC now owns 37,000 shares of the company's stock worth $363,000 after buying an additional 12,000 shares in the last quarter. HighTower Advisors LLC acquired a new stake in FTAC Emerald Acquisition during the first quarter worth approximately $489,000. Finally, Glazer Capital LLC acquired a new stake in FTAC Emerald Acquisition during the first quarter worth approximately $759,000. Institutional investors and hedge funds own 65.57% of the company's stock.
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Shares of NASDAQ:EMLD opened at $10.18 on Friday. FTAC Emerald Acquisition Corp. has a 1 year low of $9.70 and a 1 year high of $10.51. The business's 50 day simple moving average is $10.11 and its 200 day simple moving average is $9.97.
About FTAC Emerald Acquisition
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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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