Periscope Capital Inc. lowered its holdings in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII - Free Report) by 23.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 425,000 shares of the company's stock after selling 128,501 shares during the quarter. Spring Valley Acquisition Corp. II comprises about 2.6% of Periscope Capital Inc.'s investment portfolio, making the stock its 8th biggest position. Periscope Capital Inc. owned approximately 1.91% of Spring Valley Acquisition Corp. II worth $4,775,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the business. Walleye Trading LLC acquired a new position in Spring Valley Acquisition Corp. II during the first quarter valued at approximately $266,000. Virtu Financial LLC bought a new stake in shares of Spring Valley Acquisition Corp. II during the 1st quarter worth $541,000. Spartan Fund Management Inc. grew its stake in Spring Valley Acquisition Corp. II by 3,239.1% in the 3rd quarter. Spartan Fund Management Inc. now owns 51,856 shares of the company's stock valued at $583,000 after buying an additional 50,303 shares during the last quarter. Cowen AND Company LLC raised its holdings in Spring Valley Acquisition Corp. II by 15.7% in the 2nd quarter. Cowen AND Company LLC now owns 407,731 shares of the company's stock worth $4,534,000 after acquiring an additional 55,238 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in Spring Valley Acquisition Corp. II by 14.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company's stock worth $8,207,000 after acquiring an additional 94,579 shares during the last quarter. Institutional investors and hedge funds own 89.78% of the company's stock.
Spring Valley Acquisition Corp. II Price Performance
SVII stock remained flat at $11.23 during mid-day trading on Friday. 6 shares of the company's stock were exchanged, compared to its average volume of 60,145. The stock has a 50 day simple moving average of $11.34 and a 200-day simple moving average of $11.21. Spring Valley Acquisition Corp. II has a one year low of $10.78 and a one year high of $11.70.
Spring Valley Acquisition Corp. II Profile
(
Free Report)
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.
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