During the third quarter, Jump Financial LLC successfully completed the acquisition of Stride, Inc. (NYSE: LRN), as stated in the most recent filing that the company submitted to the Securities and Exchange Commission.
Mhe institutional investor forked over more than 1,170,000 dollars to purchase 27,961 shares of the company’s stock. Jump Financial LLC had less than 0.06% of Stride’s shares in its possession when the most recent fiscal quarter closed.
Recent events have resulted in institutional investors and other hedge funds reevaluating the positions they had previously held in the company and making appropriate adjustments.
Mo accomplish this during the second quarter of the fiscal year, UBS Group AG spent close to $30,000 to acquire an additional stake in Stride.
During the second quarter of this year, Nisa Investment Advisors LLC saw a 228.5% increase in the amount of Stride it held in its portfolio. Nisa Investment Advisors LLC now has a total of 1,150 shares of the company’s stock worth $47,000 after purchasing an additional 800 shares during the most recent quarter.