P Schoenfeld Asset Management LP purchased a new stake in StoneBridge Acquisition Co. (NASDAQ:APAC – Get Rating) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 96,092 shares of the company’s stock, valued at approximately $956,000. P Schoenfeld Asset Management LP owned approximately 0.37% of StoneBridge Acquisition at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in APAC. Marshall Wace LLP raised its position in StoneBridge Acquisition by 52.8% during the fourth quarter. Marshall Wace LLP now owns 954,451 shares of the company’s stock valued at $9,440,000 after purchasing an additional 329,699 shares in the last quarter. Wolverine Asset Management LLC raised its position in StoneBridge Acquisition by 61.1% during the first quarter. Wolverine Asset Management LLC now owns 342,395 shares of the company’s stock valued at $3,406,000 after purchasing an additional 129,800 shares in the last quarter. PEAK6 Investments LLC raised its position in StoneBridge Acquisition by 2,028.0% during the fourth quarter. PEAK6 Investments LLC now owns 266,000 shares of the company’s stock valued at $2,620,000 after purchasing an additional 253,500 shares in the last quarter. Clear Harbor Asset Management LLC acquired a new position in StoneBridge Acquisition during the first quarter valued at approximately $498,000. Finally, Context Capital Management LLC acquired a new position in StoneBridge Acquisition during the first quarter valued at approximately $498,000. 66.26% of the stock is currently owned by institutional investors and hedge funds.
StoneBridge Acquisition Stock Up 0.1 %
NASDAQ APAC opened at $10.08 on Friday. The firm’s fifty day moving average price is $10.02 and its two-hundred day moving average price is $9.98. StoneBridge Acquisition Co. has a fifty-two week low of $9.70 and a fifty-two week high of $10.20.
StoneBridge Acquisition Company Profile
StoneBridge Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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