Weiss Asset Management LP grew its stake in SVF Investment Corp. 2 (NASDAQ:SVFB – Get Rating) by 7.9% in the 3rd quarter, Holdings Channel reports. The firm owned 676,519 shares of the company’s stock after purchasing an additional 49,800 shares during the period. Weiss Asset Management LP’s holdings in SVF Investment Corp. 2 were worth $6,711,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in SVFB. Condor Capital Management raised its holdings in SVF Investment Corp. 2 by 1,220.3% in the 2nd quarter. Condor Capital Management now owns 7,790 shares of the company’s stock worth $76,000 after purchasing an additional 7,200 shares in the last quarter. Verition Fund Management LLC bought a new position in SVF Investment Corp. 2 in the 2nd quarter worth $123,000. Walleye Capital LLC bought a new position in SVF Investment Corp. 2 in the 2nd quarter worth $180,000. Mizuho Securities USA LLC bought a new position in shares of SVF Investment Corp. 2 in the 3rd quarter worth about $264,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of SVF Investment Corp. 2 in the 1st quarter worth about $427,000. 71.02% of the stock is currently owned by institutional investors.
SVF Investment Corp. 2 Stock Performance
Shares of SVF Investment Corp. 2 stock opened at $10.21 on Friday. The company has a 50-day moving average of $10.17 and a 200 day moving average of $10.05. SVF Investment Corp. 2 has a 1 year low of $9.75 and a 1 year high of $10.41.
About SVF Investment Corp. 2
SVF Investment Corp. 2 does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify, acquire, and manage a business in a technology-enabled sector.
- Get a free copy of the StockNews.com research report on SVF Investment Corp. 2 (SVFB)
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
- Europe Raises Interest Rates, Should the Fed Follow?
Want to see what other hedge funds are holding SVFB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SVF Investment Corp. 2 (NASDAQ:SVFB – Get Rating).
Receive News & Ratings for SVF Investment Corp. 2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SVF Investment Corp. 2 and related companies with MarketBeat.com's FREE daily email newsletter.