Karpus Management Inc. Has $4.74 Million Stake in Spring Valley Acquisition Corp. II (NASDAQ:SVII)

Karpus Management Inc. trimmed its holdings in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII) by 21.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 431,330 shares of the company’s stock after selling 116,425 shares during the period. Karpus Management Inc. owned 1.93% of Spring Valley Acquisition Corp. II worth $4,740,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SVII. Schechter Investment Advisors LLC boosted its position in Spring Valley Acquisition Corp. II by 28.6% in the 4th quarter. Schechter Investment Advisors LLC now owns 477,378 shares of the company’s stock valued at $5,160,000 after buying an additional 106,130 shares during the last quarter. Wolverine Asset Management LLC boosted its position in Spring Valley Acquisition Corp. II by 20.3% in the 4th quarter. Wolverine Asset Management LLC now owns 575,146 shares of the company’s stock valued at $6,217,000 after buying an additional 96,865 shares during the last quarter. Kim LLC boosted its position in Spring Valley Acquisition Corp. II by 45.7% in the 4th quarter. Kim LLC now owns 510,000 shares of the company’s stock valued at $5,513,000 after buying an additional 160,000 shares during the last quarter. Hsbc Holdings PLC bought a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at $2,178,000. Finally, Bracebridge Capital LLC bought a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at $540,000. 89.78% of the stock is owned by institutional investors and hedge funds.

Spring Valley Acquisition Corp. II Price Performance

Shares of NASDAQ:SVII remained flat at $11.12 during midday trading on Thursday. The stock had a trading volume of 28 shares, compared to its average volume of 43,237. Spring Valley Acquisition Corp. II has a 1-year low of $10.57 and a 1-year high of $11.17. The business has a 50 day moving average of $11.12 and a two-hundred day moving average of $11.01.

About Spring Valley Acquisition Corp. II

Spring Valley Acquisition Corp. II does not have significant operations. It intends effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Dallas, Texas.