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

FNY Investment Advisers LLC lifted its holdings in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) by 50.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,499 shares of the company’s stock after purchasing an additional 30,399 shares during the quarter. FNY Investment Advisers LLC owned about 0.60% of SK Growth Opportunities worth $1,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Glazer Capital LLC purchased a new stake in SK Growth Opportunities in the 3rd quarter valued at about $113,000. Periscope Capital Inc. grew its holdings in SK Growth Opportunities by 61.3% in the third 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 during the period. Sculptor Capital LP increased its position in SK Growth Opportunities by 1.3% during the second quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock worth $1,296,000 after purchasing an additional 1,509 shares during the last quarter. Virtu Financial LLC raised its stake in SK Growth Opportunities by 38.4% during the second quarter. Virtu Financial LLC now owns 147,976 shares of the company’s stock worth $1,645,000 after purchasing an additional 41,065 shares during the period. Finally, Crossingbridge Advisors LLC acquired a new position in shares of SK Growth Opportunities in the 3rd quarter valued at $1,981,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

SK Growth Opportunities Price Performance

SKGR stock opened at $11.62 on Tuesday. SK Growth Opportunities Co. has a 52 week low of $10.80 and a 52 week high of $12.32. The company has a market cap of $173.99 million, a price-to-earnings ratio of 52.82 and a beta of 0.02. The business has a fifty day simple moving average of $11.57 and a 200-day simple moving average of $11.38.

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.