Verition Fund Management LLC purchased a new stake in Burtech Acquisition Corp. (NASDAQ:BRKH – Get Rating) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 210,000 shares of the company’s stock, valued at approximately $2,079,000.
Several other institutional investors have also recently added to or reduced their stakes in BRKH. Sage Mountain Advisors LLC acquired a new position in shares of Burtech Acquisition during the first quarter worth approximately $198,000. Wealthspring Capital LLC acquired a new position in shares of Burtech Acquisition during the first quarter worth approximately $205,000. Bank of Montreal Can bought a new stake in Burtech Acquisition during the first quarter worth $218,000. Blackstone Inc. bought a new stake in Burtech Acquisition during the first quarter worth $235,000. Finally, PNC Financial Services Group Inc. bought a new stake in Burtech Acquisition during the first quarter worth $445,000.
Burtech Acquisition Trading Down 0.1 %
Shares of Burtech Acquisition stock opened at $9.97 on Monday. The stock has a fifty day simple moving average of $9.97 and a 200 day simple moving average of $9.93. Burtech Acquisition Corp. has a 12-month low of $9.80 and a 12-month high of $10.02.
About Burtech Acquisition
Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.
- Get a free copy of the StockNews.com research report on Burtech Acquisition (BRKH)
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