FNY Investment Advisers LLC Increases Holdings in SK Growth Opportunities Co. (NASDAQ:SKGR)

FNY Investment Advisers LLC raised its stake in SK Growth Opportunities Co. (NASDAQ:SKGR) by 50.6% during the 4th quarter, HoldingsChannel reports. The firm owned 90,499 shares of the company’s stock after acquiring an additional 30,399 shares during the quarter. FNY Investment Advisers LLC’s holdings in SK Growth Opportunities were worth $1,050,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Glazer Capital LLC purchased a new stake in shares of SK Growth Opportunities during the third quarter valued at approximately $113,000. Periscope Capital Inc. grew its holdings in SK Growth Opportunities by 61.3% during the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock valued at $1,134,000 after purchasing an additional 38,007 shares in the last quarter. Sculptor Capital LP increased its stake in SK Growth Opportunities by 1.3% during the 2nd quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock worth $1,296,000 after buying an additional 1,509 shares during the period. Virtu Financial LLC lifted its holdings in SK Growth Opportunities by 38.4% in the 2nd quarter. Virtu Financial LLC now owns 147,976 shares of the company’s stock worth $1,645,000 after buying an additional 41,065 shares in the last quarter. Finally, Crossingbridge Advisors LLC purchased a new position in SK Growth Opportunities in the 3rd quarter valued at about $1,981,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Stock Performance

Shares of NASDAQ SKGR opened at $11.62 on Tuesday. SK Growth Opportunities Co. has a 1 year low of $10.80 and a 1 year high of $12.32. The stock’s 50-day simple moving average is $11.57 and its 200-day simple moving average is $11.38. The firm has a market cap of $173.99 million, a price-to-earnings ratio of 52.82 and a beta of 0.02.

SK Growth Opportunities Company Profile

SK Growth Opportunities Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.