BlueRiver Acquisition (NYSE:BLUA) Shares Down 0.1%

Shares of BlueRiver Acquisition Corp. (NYSE:BLUAGet Rating) traded down 0.1% during trading on Tuesday . The company traded as low as $10.13 and last traded at $10.13. 33,617 shares traded hands during trading, a decline of 92% from the average session volume of 413,558 shares. The stock had previously closed at $10.14.

BlueRiver Acquisition Trading Down 0.1 %

The stock has a fifty day moving average price of $10.06 and a two-hundred day moving average price of $9.96.

Institutional Investors Weigh In On BlueRiver Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC lifted its holdings in shares of BlueRiver Acquisition by 6.4% during the first quarter. Hsbc Holdings PLC now owns 447,139 shares of the company’s stock worth $4,377,000 after buying an additional 26,871 shares in the last quarter. Saba Capital Management L.P. lifted its holdings in shares of BlueRiver Acquisition by 164.9% during the first quarter. Saba Capital Management L.P. now owns 445,723 shares of the company’s stock worth $4,368,000 after buying an additional 277,486 shares in the last quarter. Centiva Capital LP lifted its holdings in shares of BlueRiver Acquisition by 2.2% during the second quarter. Centiva Capital LP now owns 67,839 shares of the company’s stock worth $667,000 after buying an additional 1,482 shares in the last quarter. Kohlberg Kravis Roberts & Co. L.P. acquired a new position in BlueRiver Acquisition in the first quarter valued at about $312,000. Finally, First Trust Capital Management L.P. raised its stake in BlueRiver Acquisition by 356.0% in the third quarter. First Trust Capital Management L.P. now owns 784,529 shares of the company’s stock valued at $7,767,000 after purchasing an additional 612,476 shares in the last quarter. Institutional investors and hedge funds own 76.83% of the company’s stock.

About BlueRiver Acquisition

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Blueriver Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of technology, media, telecom, and entertainment industries.

Further Reading

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