Clear Street LLC Buys New Shares in FutureTech II Acquisition Corp. (NASDAQ:FTII)

Clear Street LLC purchased a new stake in shares of FutureTech II Acquisition Corp. (NASDAQ:FTII) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 236,448 shares of the company’s stock, valued at approximately $2,610,000. FutureTech II Acquisition makes up 0.0% of Clear Street LLC’s investment portfolio, making the stock its 7th largest position. Clear Street LLC owned approximately 4.06% of FutureTech II Acquisition at the end of the most recent reporting period.

Separately, Virtu Financial LLC bought a new position in shares of FutureTech II Acquisition during the 1st quarter valued at $118,000. Institutional investors own 65.83% of the company’s stock.

FutureTech II Acquisition Stock Performance

Shares of NASDAQ:FTII opened at $11.12 on Thursday. The company’s fifty day moving average is $11.01 and its 200 day moving average is $11.09. FutureTech II Acquisition Corp. has a 52 week low of $10.76 and a 52 week high of $12.20.

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.