175,000 Shares in SK Growth Opportunities Co. (NASDAQ:SKGR) Purchased by Crossingbridge Advisors LLC

Crossingbridge Advisors LLC acquired a new position in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 175,000 shares of the company’s stock, valued at approximately $1,981,000. SK Growth Opportunities makes up 1.5% of Crossingbridge Advisors LLC’s holdings, making the stock its 20th largest position. Crossingbridge Advisors LLC owned 1.14% of SK Growth Opportunities at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SKGR. Periscope Capital Inc. increased its position in shares of SK Growth Opportunities by 61.3% during the third quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock worth $1,134,000 after purchasing an additional 38,007 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of SK Growth Opportunities during the first quarter worth $1,182,000. Sculptor Capital LP raised its position in shares of SK Growth Opportunities by 1.3% in the second 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 last quarter. Walleye Trading LLC lifted its stake in shares of 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 buying an additional 32,400 shares in the last quarter. Finally, Berkley W R Corp boosted its position in SK Growth Opportunities by 186.2% during the second quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock worth $5,373,000 after acquiring an additional 314,317 shares during the last quarter. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Stock Up 0.6 %

Shares of NASDAQ SKGR opened at $11.51 on Tuesday. The company has a 50-day moving average of $11.42 and a 200 day moving average of $11.25. SK Growth Opportunities Co. has a 12-month low of $10.78 and a 12-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.