Sculptor Capital LP boosted its position in Silver Spike Acquisition Corp II (NASDAQ:SPKB – Get Rating) by 88.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,311,803 shares of the company's stock after purchasing an additional 614,199 shares during the quarter. Sculptor Capital LP owned about 3.65% of Silver Spike Acquisition Corp II worth $12,843,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPKB. Walleye Capital LLC raised its position in shares of Silver Spike Acquisition Corp II by 1.4% during the 1st quarter. Walleye Capital LLC now owns 92,161 shares of the company's stock worth $902,000 after buying an additional 1,293 shares in the last quarter. Exos Asset Management LLC raised its position in shares of Silver Spike Acquisition Corp II by 4.6% during the 1st quarter. Exos Asset Management LLC now owns 120,995 shares of the company's stock worth $1,185,000 after buying an additional 5,349 shares in the last quarter. Captrust Financial Advisors bought a new stake in shares of Silver Spike Acquisition Corp II during the 1st quarter worth about $143,000. Ursa Fund Management LLC bought a new stake in shares of Silver Spike Acquisition Corp II during the 1st quarter worth about $245,000. Finally, Magnus Financial Group LLC bought a new stake in shares of Silver Spike Acquisition Corp II during the 1st quarter worth about $263,000. 70.36% of the stock is currently owned by institutional investors.

Silver Spike Acquisition Corp II Stock Performance

SPKB stock opened at $9.88 on Thursday. Silver Spike Acquisition Corp II has a 52 week low of $9.68 and a 52 week high of $9.97. The firm's 50-day moving average is $9.84 and its two-hundred day moving average is $9.81.

Silver Spike Acquisition Corp II Profile

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.

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