JPMorgan Chase & Co. Takes $1.03 Million Position in Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP)

JPMorgan Chase & Co. acquired a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 100,000 shares of the company's stock, valued at approximately $1,032,000. JPMorgan Chase & Co. owned approximately 0.78% of Cantor Equity Partners, Inc. Class A Ordinary Shares at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Tidal Investments LLC purchased a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares in the third quarter worth approximately $100,000. Wealthspring Capital LLC grew its holdings in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares by 6.1% in the fourth quarter. Wealthspring Capital LLC now owns 22,408 shares of the company's stock worth $232,000 after acquiring an additional 1,298 shares during the period. Rivernorth Capital Management LLC purchased a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares during the third quarter valued at $3,069,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at about $3,120,000.

Cantor Equity Partners, Inc. Class A Ordinary Shares Trading Up 11.4 %

Shares of Cantor Equity Partners, Inc. Class A Ordinary Shares stock traded up $5.69 during trading hours on Friday, reaching $55.69. 3,092,927 shares of the stock traded hands, compared to its average volume of 971,589. Cantor Equity Partners, Inc. Class A Ordinary Shares has a one year low of $9.99 and a one year high of $59.75. The company has a 50 day moving average price of $13.64 and a 200 day moving average price of $11.45.

About Cantor Equity Partners, Inc. Class A Ordinary Shares

Cantor Equity Partners, Inc operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock 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.