150,100 Shares in Burtech Acquisition Corp. (NASDAQ:BRKH) Acquired by Spartan Fund Management Inc.

Spartan Fund Management Inc. purchased a new stake in Burtech Acquisition Corp. (NASDAQ:BRKH - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 150,100 shares of the company's stock, valued at approximately $1,693,000. Burtech Acquisition accounts for about 5.1% of Spartan Fund Management Inc.'s portfolio, making the stock its 6th largest position. Spartan Fund Management Inc. owned about 0.99% of Burtech Acquisition as of its most recent filing with the SEC.

Separately, Clear Street LLC lifted its stake in Burtech Acquisition by 141.8% during the 2nd quarter. Clear Street LLC now owns 3,206 shares of the company's stock worth $36,000 after acquiring an additional 1,880 shares in the last quarter. Institutional investors and hedge funds own 97.12% of the company's stock.

Burtech Acquisition Price Performance

NASDAQ BRKH remained flat at $11.37 during trading on Tuesday. The company's stock had a trading volume of 22 shares, compared to its average volume of 13,101. The business's fifty day moving average is $11.27 and its 200 day moving average is $11.18. Burtech Acquisition Corp. has a 52 week low of $10.57 and a 52 week high of $11.37.

Burtech Acquisition Profile

Burtech Acquisition Corp. does not have significant operations. The company focuses 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 a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.