Marshall Wace LLP increased its stake in shares of Cartica Acquisition Corp (NASDAQ:CITE – Get Rating) by 0.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 457,428 shares of the company’s stock after buying an additional 2,600 shares during the period. Marshall Wace LLP’s holdings in Cartica Acquisition were worth $4,616,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Shaolin Capital Management LLC boosted its holdings in shares of Cartica Acquisition by 55.0% during the 3rd quarter. Shaolin Capital Management LLC now owns 859,466 shares of the company’s stock worth $8,672,000 after buying an additional 305,150 shares during the period. Millennium Management LLC boosted its holdings in Cartica Acquisition by 55.6% in the 2nd quarter. Millennium Management LLC now owns 840,000 shares of the company’s stock valued at $8,417,000 after purchasing an additional 300,000 shares during the period. Starboard Value LP bought a new stake in Cartica Acquisition in the 1st quarter valued at about $5,393,000. Cantor Fitzgerald L. P. bought a new stake in Cartica Acquisition in the 3rd quarter valued at about $5,093,000. Finally, Polar Asset Management Partners Inc. bought a new stake in Cartica Acquisition in the 1st quarter valued at about $5,000,000. Institutional investors own 63.75% of the company’s stock.
Cartica Acquisition Price Performance
NASDAQ CITE opened at $10.52 on Tuesday. The firm has a 50-day moving average price of $10.44 and a two-hundred day moving average price of $10.29. Cartica Acquisition Corp has a 12-month low of $9.95 and a 12-month high of $10.53.
Cartica Acquisition Company Profile
Cartica Acquisition Corp does not have any 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 identify and complete a business combination in the technology sector in India.
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