Intralinks Developer Portal

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Moving a Folders with Content (V2 API)

Currently using V2 APIs. On the portal a user is able to drag drop a folder (with its content - files and subfolders) to a different folder in the same workspace. (This action keeps most of the metadata unchanged, for all child items ; the only values that change appear to be the parent Id for the moved folder and its modified date)

Q. How could I achieve this without have to iteratively create the folder structure and copying the files using the V2 API?
the put call at endpoint /Workspaces/{workspace_id}/folders/{folder_id} request JSON payload only allows updating the name.
Is there an endpoint that allows update of the parent Id?

Assumptions: I can calculate the new destination folder Id(new parent id) , the source parent (old parent id) and the container folder to be moved.