Picton Mahoney Asset Management Invests $2.56 Million in Cantor Equity Partners, Inc. (NASDAQ:CEPO)

Picton Mahoney Asset Management purchased a new position in Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 250,000 shares of the company's stock, valued at approximately $2,562,000. Picton Mahoney Asset Management owned approximately 0.98% of Cantor Equity Partners as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Graham Capital Wealth Management LLC acquired a new stake in Cantor Equity Partners in the first quarter worth about $418,000. Wealthspring Capital LLC acquired a new position in shares of Cantor Equity Partners in the first quarter valued at about $428,000. Tabor Asset Management LP acquired a new position in shares of Cantor Equity Partners in the first quarter valued at about $1,537,000. Finally, Context Capital Management LLC acquired a new position in shares of Cantor Equity Partners in the first quarter valued at about $3,074,000.

Cantor Equity Partners Stock Down 0.5%

Shares of CEPO stock traded down $0.05 during mid-day trading on Friday, reaching $10.90. The stock had a trading volume of 382,265 shares, compared to its average volume of 1,225,447. The business's fifty day moving average is $12.12 and its 200-day moving average is $11.12. Cantor Equity Partners, Inc. has a 1-year low of $10.04 and a 1-year high of $16.50.

Cantor Equity Partners Profile

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.