Virtu Financial LLC Grows Holdings in FutureTech II Acquisition Corp. (NASDAQ:FTII)

Virtu Financial LLC increased its stake in FutureTech II Acquisition Corp. (NASDAQ:FTII) by 41.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,356 shares of the company’s stock after buying an additional 10,438 shares during the period. Virtu Financial LLC owned about 0.61% of FutureTech II Acquisition worth $396,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in FTII. K2 Principal Fund L.P. acquired a new position in FutureTech II Acquisition during the 2nd quarter worth $551,000. Berkley W R Corp grew its stake in FutureTech II Acquisition by 100.5% in the third quarter. Berkley W R Corp now owns 99,739 shares of the company’s stock worth $1,098,000 after purchasing an additional 50,000 shares in the last quarter. Cowen AND Company LLC increased its holdings in FutureTech II Acquisition by 700.6% in the second quarter. Cowen AND Company LLC now owns 120,489 shares of the company’s stock valued at $1,330,000 after buying an additional 105,440 shares during the last quarter. Finally, Clear Street LLC acquired a new stake in FutureTech II Acquisition during the second quarter valued at approximately $2,610,000. 65.83% of the stock is owned by institutional investors and hedge funds.

FutureTech II Acquisition Trading Up 0.9 %

Shares of FTII opened at $11.20 on Monday. FutureTech II Acquisition Corp. has a 52 week low of $10.83 and a 52 week high of $12.48. The stock has a 50 day moving average of $11.14 and a 200-day moving average of $11.08.

FutureTech II Acquisition 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.