Verition Fund Management LLC reduced its position in shares of Frontier Acquisition Corp. (NASDAQ:FRON – Get Rating) by 4.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 69,008 shares of the company's stock after selling 2,908 shares during the quarter. Verition Fund Management LLC's holdings in Frontier Acquisition were worth $676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Centiva Capital LP acquired a new stake in shares of Frontier Acquisition in the second quarter valued at approximately $100,000. Mint Tower Capital Management B.V. bought a new stake in Frontier Acquisition during the second quarter worth about $491,000. Berkley W R Corp grew its stake in Frontier Acquisition by 190.5% during the first quarter. Berkley W R Corp now owns 99,888 shares of the company's stock worth $977,000 after buying an additional 65,500 shares in the last quarter. P Schoenfeld Asset Management LP bought a new position in Frontier Acquisition in the 1st quarter valued at about $979,000. Finally, Spring Creek Capital LLC acquired a new position in shares of Frontier Acquisition in the 1st quarter valued at approximately $1,470,000. 62.67% of the stock is currently owned by institutional investors.

Frontier Acquisition Price Performance

Shares of Frontier Acquisition stock opened at $10.06 on Friday. Frontier Acquisition Corp. has a 1-year low of $9.66 and a 1-year high of $10.09. The company has a 50 day moving average of $10.01 and a 200-day moving average of $9.90.

Frontier Acquisition Company Profile

Frontier Acquisition Corp. does not have significant operations. It intends to effect 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.

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