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Robinson Capital Management LLC Makes New Investment in Crescera Capital Acquisition Corp. (NASDAQ:CREC)

Financial News Live ·  Oct 27, 2022 12:12

Robinson Capital Management LLC purchased a new stake in shares of Crescera Capital Acquisition Corp. (NASDAQ:CREC – Get Rating) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,747 shares of the company's stock, valued at approximately $177,000. Robinson Capital Management LLC owned 0.26% of Crescera Capital Acquisition as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in CREC. Saba Capital Management L.P. purchased a new stake in Crescera Capital Acquisition during the first quarter valued at about $16,854,000. Highbridge Capital Management LLC purchased a new stake in Crescera Capital Acquisition during the first quarter valued at about $8,811,000. Taconic Capital Advisors LP purchased a new stake in shares of Crescera Capital Acquisition in the first quarter worth about $7,448,000. Goldman Sachs Group Inc. purchased a new stake in shares of Crescera Capital Acquisition in the first quarter worth about $5,904,000. Finally, Starboard Value LP purchased a new stake in shares of Crescera Capital Acquisition in the first quarter worth about $5,074,000.

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Crescera Capital Acquisition Price Performance

Shares of Crescera Capital Acquisition stock opened at $10.12 on Thursday. Crescera Capital Acquisition Corp. has a 12-month low of $9.79 and a 12-month high of $10.12. The company's 50-day moving average price is $10.04 and its 200-day moving average price is $9.98.

About Crescera Capital Acquisition

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Crescera Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses in technology, healthcare, education services, consumer, and retail sectors in Latin America.

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Want to see what other hedge funds are holding CREC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crescera Capital Acquisition Corp. (NASDAQ:CREC – Get Rating).

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