Walleye Capital LLC boosted its position in shares of Silver Spike Acquisition Corp II (NASDAQ:SPKB – Get Rating) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,161 shares of the company's stock after purchasing an additional 1,293 shares during the period. Walleye Capital LLC's holdings in Silver Spike Acquisition Corp II were worth $902,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPKB. Sculptor Capital LP raised its position in Silver Spike Acquisition Corp II by 88.0% in the 1st quarter. Sculptor Capital LP now owns 1,311,803 shares of the company's stock valued at $12,843,000 after buying an additional 614,199 shares during the last quarter. Bank of Montreal Can bought a new position in Silver Spike Acquisition Corp II during the first quarter worth $8,253,000. Picton Mahoney Asset Management lifted its stake in shares of Silver Spike Acquisition Corp II by 80.0% during the 1st quarter. Picton Mahoney Asset Management now owns 450,000 shares of the company's stock worth $4,405,000 after buying an additional 200,000 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in Silver Spike Acquisition Corp II in the 1st quarter valued at about $3,274,000. Finally, Calamos Advisors LLC bought a new stake in shares of Silver Spike Acquisition Corp II during the first quarter worth approximately $2,037,000. Institutional investors and hedge funds own 70.36% of the company's stock.

Silver Spike Acquisition Corp II Stock Performance

SPKB opened at $9.89 on Tuesday. The business has a fifty day simple moving average of $9.85 and a 200 day simple moving average of $9.81. Silver Spike Acquisition Corp II has a 1 year low of $9.70 and a 1 year high of $9.97.

About Silver Spike Acquisition Corp II

Silver Spike Acquisition Corp II does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, and similar business combination with one or more businesses or entities in cannabis industry. The company was incorporated in 2020 and is based in New York, New York.

Further Reading

• Get a free copy of the StockNews.com research report on Silver Spike Acquisition Corp II (SPKB)
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