Wolverine Asset Management LLC decreased its position in shares of FutureTech II Acquisition Corp. (NASDAQ:FTII – Free Report) by 6.1% during the fourth quarter, HoldingsChannel reports. The firm owned 469,701 shares of the company’s stock after selling 30,491 shares during the period. Wolverine Asset Management LLC owned approximately 0.06% of FutureTech II Acquisition worth $5,101,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in FTII. Tuttle Capital Management LLC bought a new stake in shares of FutureTech II Acquisition in the fourth quarter worth about $130,000. Walleye Trading LLC grew its stake in shares of FutureTech II Acquisition by 221.0% in the third quarter. Walleye Trading LLC now owns 79,151 shares of the company’s stock worth $865,000 after purchasing an additional 54,491 shares during the last quarter. Walleye Capital LLC grew its stake in shares of FutureTech II Acquisition by 221.0% in the third quarter. Walleye Capital LLC now owns 140,715 shares of the company’s stock worth $1,537,000 after purchasing an additional 96,875 shares during the last quarter. Finally, Westchester Capital Management LLC bought a new stake in shares of FutureTech II Acquisition in the third quarter worth about $4,352,000. Hedge funds and other institutional investors own 65.83% of the company’s stock.
FutureTech II Acquisition Price Performance
Shares of NASDAQ FTII remained flat at $11.14 during trading hours on Tuesday. FutureTech II Acquisition Corp. has a 1 year low of $10.47 and a 1 year high of $12.12. The stock has a 50 day moving average of $11.11 and a two-hundred day moving average of $10.98.
FutureTech II Acquisition Company Profile
FutureTech II Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire and manage a business in the technology industry.
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