Tuttle Capital Management LLC trimmed its position in shares of Silver Spike Acquisition Corp II (NASDAQ:SPKB – Get Rating) by 11.9% in the third quarter, HoldingsChannel reports. The firm owned 64,462 shares of the company's stock after selling 8,732 shares during the period. Silver Spike Acquisition Corp II makes up 1.7% of Tuttle Capital Management LLC's investment portfolio, making the stock its 20th largest position. Tuttle Capital Management LLC's holdings in Silver Spike Acquisition Corp II were worth $483,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Walleye Capital LLC boosted its position in shares of Silver Spike Acquisition Corp II by 1.4% during the first quarter. Walleye Capital LLC now owns 92,161 shares of the company's stock worth $902,000 after buying an additional 1,293 shares during the period. Kohlberg Kravis Roberts & Co. L.P. bought a new position in shares of Silver Spike Acquisition Corp II in the second quarter worth $106,000. Captrust Financial Advisors acquired a new position in shares of Silver Spike Acquisition Corp II during the first quarter valued at $143,000. Sculptor Capital LP raised its stake in shares of Silver Spike Acquisition Corp II by 1.2% during the second quarter. Sculptor Capital LP now owns 1,328,102 shares of the company's stock valued at $13,009,000 after purchasing an additional 16,299 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Silver Spike Acquisition Corp II in the second quarter worth about $215,000. Institutional investors own 70.36% of the company's stock.
Get Silver Spike Acquisition Corp II alerts:Silver Spike Acquisition Corp II Stock Down 0.2 %
Silver Spike Acquisition Corp II stock traded down $0.02 during trading hours on Friday, hitting $10.06. 1,120 shares of the company traded hands, compared to its average volume of 118,126. Silver Spike Acquisition Corp II has a 1-year low of $9.70 and a 1-year high of $10.08. The firm's 50-day simple moving average is $9.99 and its two-hundred day simple moving average is $9.89.
About Silver Spike Acquisition Corp II
(Get Rating)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
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