Westchester Capital Management LLC Takes $2.05 Million Position in Cantor Equity Partners, Inc. $CEPO

Key Points

• Westchester Capital Management LLC purchased 200,000 shares of Cantor Equity Partners, valued at approximately $2,049,000, gaining a 0.78% stake in the company.
• Other hedge funds, including MMCAP International Inc. and Anson Funds Management LP, also established new positions in Cantor Equity Partners during the same quarter, collectively investing over $25 million.
• Cantor Equity Partners' stock has recently fluctuated between a low of $10.04 and a high of $16.50 over the past year, currently trading at $10.46.

Westchester Capital Management LLC purchased a new stake in shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 200,000 shares of the company's stock, valued at approximately $2,049,000. Westchester Capital Management LLC owned 0.78% of Cantor Equity Partners as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Graham Capital Wealth Management LLC bought a new position in shares of Cantor Equity Partners during the 1st quarter worth $418,000. Wealthspring Capital LLC bought a new stake in Cantor Equity Partners during the first quarter valued at about $428,000. Tabor Asset Management LP acquired a new stake in Cantor Equity Partners in the first quarter worth about $1,537,000. Wolverine Asset Management LLC acquired a new stake in Cantor Equity Partners in the first quarter worth about $2,100,000. Finally, Mizuho Securities USA LLC acquired a new position in shares of Cantor Equity Partners in the 1st quarter valued at $2,421,000.

Cantor Equity Partners Price Performance

NASDAQ CEPO traded down $0.06 during trading hours on Friday, reaching $10.46. The stock had a trading volume of 194,593 shares, compared to its average volume of 413,251. The stock has a fifty day moving average of $11.48 and a 200 day moving average of $11.19. Cantor Equity Partners, Inc. has a 52-week low of $10.04 and a 52-week high of $16.50.

Cantor Equity Partners Company 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.