Berkley W R Corp Grows Stock Position in FTAC Emerald Acquisition Corp. (NASDAQ:EMLD)

Berkley W R Corp raised its stake in shares of FTAC Emerald Acquisition Corp. (NASDAQ:EMLD) by 14.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 61,770 shares of the company’s stock after buying an additional 7,815 shares during the period. Berkley W R Corp owned about 0.43% of FTAC Emerald Acquisition worth $649,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC increased its stake in shares of FTAC Emerald Acquisition by 124.2% in the 4th quarter. Wolverine Asset Management LLC now owns 679,974 shares of the company’s stock valued at $7,174,000 after purchasing an additional 376,681 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in shares of FTAC Emerald Acquisition in the 4th quarter valued at about $1,717,000. Robinson Capital Management LLC increased its stake in shares of FTAC Emerald Acquisition by 11.4% in the 4th quarter. Robinson Capital Management LLC now owns 78,521 shares of the company’s stock valued at $838,000 after purchasing an additional 8,056 shares in the last quarter. Cable Car Capital LLC purchased a new position in shares of FTAC Emerald Acquisition in the 4th quarter valued at about $8,968,000. Finally, Tuttle Capital Management LLC purchased a new position in shares of FTAC Emerald Acquisition in the 1st quarter valued at about $315,000. Hedge funds and other institutional investors own 56.89% of the company’s stock.

FTAC Emerald Acquisition Price Performance

Shares of FTAC Emerald Acquisition stock traded down $0.03 on Monday, hitting $10.97. The company’s stock had a trading volume of 16,867 shares, compared to its average volume of 41,374. FTAC Emerald Acquisition Corp. has a 1 year low of $10.39 and a 1 year high of $11.39. The firm has a fifty day moving average price of $10.77 and a 200-day moving average price of $10.62.

FTAC Emerald Acquisition Profile

FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.