Clear Street LLC Buys 3,323 Shares of Fortune Rise Acquisition Co. (NASDAQ:FRLA)

Clear Street LLC raised its holdings in shares of Fortune Rise Acquisition Co. (NASDAQ:FRLAFree Report) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 129,550 shares of the company’s stock after purchasing an additional 3,323 shares during the period. Fortune Rise Acquisition comprises about 0.0% of Clear Street LLC’s portfolio, making the stock its 10th largest holding. Clear Street LLC owned approximately 2.07% of Fortune Rise Acquisition worth $1,420,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Mizuho Securities USA LLC lifted its position in shares of Fortune Rise Acquisition by 149.5% in the 4th quarter. Mizuho Securities USA LLC now owns 267,957 shares of the company’s stock worth $2,921,000 after buying an additional 160,550 shares during the last quarter. Spartan Fund Management Inc. bought a new position in shares of Fortune Rise Acquisition in the 4th quarter worth about $343,000. Shaolin Capital Management LLC increased its holdings in shares of Fortune Rise Acquisition by 252.4% in the 3rd quarter. Shaolin Capital Management LLC now owns 290,767 shares of the company’s stock worth $3,178,000 after acquiring an additional 481,534 shares during the period. K2 Principal Fund L.P. acquired a new stake in shares of Fortune Rise Acquisition in the 3rd quarter worth about $357,000. Finally, Cowen AND Company LLC acquired a new stake in shares of Fortune Rise Acquisition in the 3rd quarter worth about $798,000. 52.89% of the stock is currently owned by institutional investors.

Fortune Rise Acquisition Price Performance

Shares of FRLA stock remained flat at $11.32 during trading hours on Wednesday. 418 shares of the company were exchanged, compared to its average volume of 34,923. Fortune Rise Acquisition Co. has a 1-year low of $10.68 and a 1-year high of $11.80. The company’s fifty day simple moving average is $11.21 and its 200-day simple moving average is $11.10.

Fortune Rise Acquisition Company Profile

(Free Report)

Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.

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Institutional Ownership by Quarter for Fortune Rise Acquisition (NASDAQ:FRLA)

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