Mizuho Securities USA LLC boosted its position in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE – Free Report) by 11.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 285,497 shares of the company’s stock after buying an additional 29,838 shares during the period. Mizuho Securities USA LLC’s holdings in Technology & Telecommunication Acquisition were worth $3,469,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. K2 Principal Fund L.P. acquired a new stake in Technology & Telecommunication Acquisition during the third quarter worth about $1,522,000. Wolverine Asset Management LLC grew its stake in Technology & Telecommunication Acquisition by 11.2% during the fourth quarter. Wolverine Asset Management LLC now owns 248,207 shares of the company’s stock worth $3,058,000 after buying an additional 24,986 shares in the last quarter. Finally, Berkley W R Corp acquired a new stake in Technology & Telecommunication Acquisition during the third quarter worth about $3,395,000. 45.39% of the stock is currently owned by institutional investors and hedge funds.
Technology & Telecommunication Acquisition Trading Up 2.4 %
Shares of Technology & Telecommunication Acquisition stock opened at $12.41 on Monday. Technology & Telecommunication Acquisition Co. has a 12-month low of $11.49 and a 12-month high of $14.45. The firm’s 50-day moving average price is $12.38 and its two-hundred day moving average price is $12.27.
Technology & Telecommunication Acquisition Profile
Technology & Telecommunication Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded on November 8, 2021 and is headquartered in Kuala Lumpur, Malaysia.
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