Verition Fund Management LLC Makes New Investment in Silver Crest Acquisition Co. (NASDAQ:SLCR)

Verition Fund Management LLC bought a new position in shares of Silver Crest Acquisition Co. (NASDAQ:SLCR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 191,410 shares of the company’s stock, valued at approximately $1,857,000. Verition Fund Management LLC owned about 1.88% of Silver Crest Acquisition as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Berkley W R Corp acquired a new stake in Silver Crest Acquisition during the first quarter worth $386,000. Citadel Advisors LLC acquired a new stake in Silver Crest Acquisition during the first quarter worth $6,597,000. Radcliffe Capital Management L.P. purchased a new position in shares of Silver Crest Acquisition during the first quarter worth $5,820,000. Jane Street Group LLC purchased a new position in shares of Silver Crest Acquisition during the first quarter worth $4,120,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Silver Crest Acquisition during the first quarter worth $485,000.

SLCR opened at $9.66 on Thursday. Silver Crest Acquisition Co. has a 52 week low of $9.56 and a 52 week high of $10.78. The stock’s fifty day moving average price is $9.68.

About Silver Crest Acquisition

Silver Crest Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based Central, Hong Kong.

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Institutional Ownership by Quarter for Silver Crest Acquisition (NASDAQ:SLCR)

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