Mizuho Securities USA LLC Boosts Stock Holdings in Quetta Acquisition Co. (NASDAQ:QETA)

Mizuho Securities USA LLC increased its stake in Quetta Acquisition Co. (NASDAQ:QETA) by 652.3% during the 3rd quarter, Holdings Channel reports. The fund owned 451,403 shares of the company’s stock after purchasing an additional 391,402 shares during the quarter. Mizuho Securities USA LLC owned approximately 0.05% of Quetta Acquisition worth $4,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Wolverine Asset Management LLC acquired a new stake in shares of Quetta Acquisition in the 3rd quarter valued at $1,599,000. K2 Principal Fund L.P. acquired a new stake in Quetta Acquisition in the second quarter valued at $1,154,000. Clear Street LLC lifted its holdings in Quetta Acquisition by 875.0% during the 2nd quarter. Clear Street LLC now owns 76,368 shares of the company’s stock worth $790,000 after buying an additional 68,535 shares during the last quarter. Whitebox Advisors LLC acquired a new position in shares of Quetta Acquisition during the 1st quarter worth about $305,000. Finally, Virtu Financial LLC increased its holdings in shares of Quetta Acquisition by 104.2% in the 1st quarter. Virtu Financial LLC now owns 44,133 shares of the company’s stock valued at $449,000 after acquiring an additional 22,519 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

Quetta Acquisition Stock Performance

QETA stock opened at $10.50 on Friday. The business has a 50 day moving average price of $10.44 and a 200 day moving average price of $10.37. Quetta Acquisition Co. has a fifty-two week low of $10.07 and a fifty-two week high of $10.51.

Quetta Acquisition Profile

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.