Schechter Investment Advisors LLC lifted its holdings in shares of FTAC Emerald Acquisition Corp. (NASDAQ:EMLD – Get Rating) by 137.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,287 shares of the company’s stock after purchasing an additional 36,633 shares during the quarter. Schechter Investment Advisors LLC owned 0.18% of FTAC Emerald Acquisition worth $634,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of EMLD. Dark Forest Capital Management LP acquired a new stake in FTAC Emerald Acquisition in the 4th quarter valued at approximately $28,000. Flow Traders U.S. LLC acquired a new stake in FTAC Emerald Acquisition in the 3rd quarter valued at approximately $111,000. Calamos Advisors LLC acquired a new stake in FTAC Emerald Acquisition in the 4th quarter valued at approximately $172,000. State Street Corp acquired a new stake in FTAC Emerald Acquisition in the 3rd quarter valued at approximately $191,000. Finally, Cowen AND Company LLC acquired a new stake in FTAC Emerald Acquisition in the 4th quarter valued at approximately $312,000. Institutional investors and hedge funds own 65.57% of the company’s stock.
FTAC Emerald Acquisition Price Performance
Shares of FTAC Emerald Acquisition stock opened at $10.34 on Friday. The business’s 50 day simple moving average is $10.27 and its 200 day simple moving average is $10.14. FTAC Emerald Acquisition Corp. has a 52-week low of $9.76 and a 52-week high of $10.51.
FTAC Emerald Acquisition Profile
(Get Rating)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider FTAC Emerald Acquisition, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and FTAC Emerald Acquisition wasn’t on the list.
While FTAC Emerald Acquisition currently has a “hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
