Walleye Capital LLC Acquires New Stake in UTA Acquisition Co. (NASDAQ:UTAA)

Walleye Capital LLC acquired a new stake in shares of UTA Acquisition Co. (NASDAQ:UTAAGet Rating) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 124,877 shares of the company’s stock, valued at approximately $1,231,000.

Other large investors also recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp bought a new stake in UTA Acquisition during the first quarter valued at $394,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in UTA Acquisition during the first quarter valued at $1,479,000. Fir Tree Capital Management LP bought a new stake in UTA Acquisition during the first quarter worth about $4,437,000. Saba Capital Management L.P. bought a new stake in UTA Acquisition during the first quarter worth about $11,894,000. Finally, Context Capital Management LLC bought a new stake in UTA Acquisition during the first quarter worth about $2,958,000. Institutional investors own 45.70% of the company’s stock.

UTA Acquisition Price Performance

Shares of UTAA stock opened at $9.97 on Monday. The business’s 50-day moving average price is $9.95. UTA Acquisition Co. has a 12-month low of $9.72 and a 12-month high of $10.31.

UTA Acquisition Company Profile

(Get Rating)

UTA Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a target business operating in the gaming, digital media, creator economy, entertainment, and technology industries.

Featured Stories

Want to see what other hedge funds are holding UTAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UTA Acquisition Co. (NASDAQ:UTAAGet Rating).

Institutional Ownership by Quarter for UTA Acquisition (NASDAQ:UTAA)

Receive News & Ratings for UTA Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UTA Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.