Crossingbridge Advisors LLC Makes New $1.98 Million Investment in SK Growth Opportunities Co. (NASDAQ:SKGR)

Crossingbridge Advisors LLC purchased a new stake in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 175,000 shares of the company’s stock, valued at approximately $1,981,000. SK Growth Opportunities comprises about 1.5% of Crossingbridge Advisors LLC’s portfolio, making the stock its 20th biggest position.

A number of other hedge funds have also recently modified their holdings of the company. Sculptor Capital LP grew its stake in shares of SK Growth Opportunities by 1.3% in the 2nd quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock valued at $1,296,000 after buying an additional 1,509 shares during the period. Walleye Trading LLC grew its position in SK Growth Opportunities by 10.2% in the first quarter. Walleye Trading LLC now owns 348,900 shares of the company’s stock worth $3,855,000 after acquiring an additional 32,400 shares during the period. Periscope Capital Inc. grew its position in SK Growth Opportunities by 61.3% in the third quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock worth $1,134,000 after acquiring an additional 38,007 shares during the period. Virtu Financial LLC increased 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 acquiring an additional 41,065 shares during the last quarter. Finally, Berkley W R Corp raised its position in SK Growth Opportunities by 186.2% in the second quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock valued at $5,373,000 after purchasing an additional 314,317 shares during the period. Hedge funds and other institutional investors own 92.48% of the company’s stock.

SK Growth Opportunities Trading Up 0.6 %

NASDAQ SKGR opened at $11.51 on Tuesday. The stock has a fifty day simple moving average of $11.42 and a 200-day simple moving average of $11.25. SK Growth Opportunities Co. has a twelve month low of $10.78 and a twelve month high of $11.60.

About SK Growth Opportunities

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.