Schechter Investment Advisors LLC trimmed its position in shares of Quetta Acquisition Co. (NASDAQ:QETA - Free Report) by 20.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 455,507 shares of the company's stock after selling 117,564 shares during the quarter. Schechter Investment Advisors LLC owned approximately 5.09% of Quetta Acquisition worth $4,806,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in QETA. Mizuho Securities USA LLC grew its holdings in shares of Quetta Acquisition by 652.3% during the third quarter. Mizuho Securities USA LLC now owns 451,403 shares of the company's stock worth $4,672,000 after buying an additional 391,402 shares in the last quarter. Wolverine Asset Management LLC boosted its position in Quetta Acquisition by 31.5% during the fourth quarter. Wolverine Asset Management LLC now owns 202,192 shares of the company's stock worth $2,133,000 after acquiring an additional 48,400 shares during the last quarter. Berkley W R Corp purchased a new stake in Quetta Acquisition during the 3rd quarter valued at about $2,093,000. Verition Fund Management LLC grew its stake in Quetta Acquisition by 2.0% during the 3rd quarter. Verition Fund Management LLC now owns 138,446 shares of the company's stock valued at $1,441,000 after acquiring an additional 2,746 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Quetta Acquisition in the 3rd quarter valued at about $329,000. 84.33% of the stock is owned by institutional investors and hedge funds.
Quetta Acquisition Stock Down 0.7 %
Shares of NASDAQ QETA traded down $0.08 during trading on Thursday, hitting $10.62. 323,256 shares of the company were exchanged, compared to its average volume of 5,653. Quetta Acquisition Co. has a 12-month low of $10.17 and a 12-month high of $11.55. The company has a fifty day moving average price of $10.62 and a 200-day moving average price of $10.51.
Quetta Acquisition Profile
(
Free Report)
Quetta Acquisition Corporation focuses on effecting a merger, capital stock exchange, share purchase, asset acquisition, recapitalization, reorganization, or related business combination with one or more businesses. It intends to focus on financial technology sector in Asia. The company was incorporated in 2023 and is based in New York, New York.
Recommended Stories
Before you consider Quetta 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 Quetta Acquisition wasn't on the list.
While Quetta Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
