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Virtu Financial LLC Reduces Holdings in Magnum Opus Acquisition Limited (NYSE:OPA)

Defense World ·  Feb 9, 2023 07:25

Virtu Financial LLC lessened its position in shares of Magnum Opus Acquisition Limited (NYSE:OPA – Get Rating) by 16.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,393 shares of the company's stock after selling 4,069 shares during the period. Virtu Financial LLC owned 0.08% of Magnum Opus Acquisition worth $203,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Verition Fund Management LLC bought a new stake in shares of Magnum Opus Acquisition during the 2nd quarter valued at $171,000. Sage Mountain Advisors LLC bought a new stake in shares of Magnum Opus Acquisition during the 2nd quarter valued at $351,000. Mariner Investment Group LLC raised its stake in shares of Magnum Opus Acquisition by 100.0% during the 2nd quarter. Mariner Investment Group LLC now owns 40,000 shares of the company's stock valued at $392,000 after purchasing an additional 20,000 shares during the period. SkyView Investment Advisors LLC bought a new stake in shares of Magnum Opus Acquisition during the 1st quarter valued at $496,000. Finally, Bank of America Corp DE bought a new stake in shares of Magnum Opus Acquisition during the 1st quarter valued at $1,010,000. Hedge funds and other institutional investors own 75.15% of the company's stock.

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Magnum Opus Acquisition Trading Down 0.1 %

NYSE:OPA opened at $10.16 on Thursday. Magnum Opus Acquisition Limited has a 52-week low of $9.74 and a 52-week high of $10.17. The business's fifty day moving average is $10.09 and its 200 day moving average is $9.97.

Magnum Opus Acquisition (NYSE:OPA – Get Rating) last released its quarterly earnings data on Monday, November 14th. The company reported ($0.08) earnings per share (EPS) for the quarter.

Magnum Opus Acquisition Company Profile

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Magnum Opus Acquisition Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2021 and is based in Central, Hong Kong.

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