Mizuho Securities USA LLC Has $8.31 Million Stock Position in SK Growth Opportunities Co. (NASDAQ:SKGR)

Mizuho Securities USA LLC lifted its stake in SK Growth Opportunities Co. (NASDAQ:SKGR) by 9.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 719,169 shares of the company’s stock after purchasing an additional 60,978 shares during the quarter. Mizuho Securities USA LLC owned 4.80% of SK Growth Opportunities worth $8,306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SKGR. Crossingbridge Advisors LLC acquired a new position in shares of SK Growth Opportunities in the 3rd quarter valued at $1,981,000. Quarry LP boosted its position in shares of SK Growth Opportunities by 164.4% in the 3rd quarter. Quarry LP now owns 209,068 shares of the company’s stock valued at $2,370,000 after purchasing an additional 130,000 shares during the period. Periscope Capital Inc. boosted its position in SK Growth Opportunities by 61.3% during the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock worth $1,134,000 after acquiring an additional 38,007 shares during the period. FNY Investment Advisers LLC grew its stake in SK Growth Opportunities by 50.6% during the 4th quarter. FNY Investment Advisers LLC now owns 90,499 shares of the company’s stock valued at $1,050,000 after acquiring an additional 30,399 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in SK Growth Opportunities during the 4th quarter valued at about $320,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Price Performance

NASDAQ:SKGR opened at $11.72 on Friday. SK Growth Opportunities Co. has a fifty-two week low of $11.01 and a fifty-two week high of $12.32. The stock’s 50-day moving average is $11.66 and its two-hundred day moving average is $11.54. The stock has a market cap of $175.41 million, a PE ratio of 53.25 and a beta of 0.02.

About SK Growth Opportunities

SK Growth Opportunities Corporation does not have significant operations. It focuses on effecting 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.