D. E. Shaw & Co. Inc. raised its position in GP-Act III Acquisition Corp. (NASDAQ:GPAT – Free Report) by 43.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,237,500 shares of the company’s stock after purchasing an additional 377,727 shares during the period. D. E. Shaw & Co. Inc.’s holdings in GP-Act III Acquisition were worth $12,573,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of GPAT. Citadel Advisors LLC purchased a new stake in shares of GP-Act III Acquisition during the 4th quarter worth $103,000. Wellspring Financial Advisors LLC acquired a new stake in GP-Act III Acquisition in the fourth quarter valued at $183,000. Tidal Investments LLC purchased a new stake in GP-Act III Acquisition during the 3rd quarter worth about $307,000. Wolverine Asset Management LLC boosted its position in shares of GP-Act III Acquisition by 4.0% during the 4th quarter. Wolverine Asset Management LLC now owns 298,553 shares of the company’s stock worth $3,027,000 after acquiring an additional 11,439 shares in the last quarter. Finally, Westchester Capital Management LLC increased its holdings in shares of GP-Act III Acquisition by 65.5% in the 4th quarter. Westchester Capital Management LLC now owns 910,000 shares of the company’s stock valued at $9,227,000 after acquiring an additional 360,000 shares during the last quarter.
GP-Act III Acquisition Price Performance
Shares of NASDAQ GPAT opened at $10.46 on Wednesday. The stock’s 50-day simple moving average is $10.34 and its 200-day simple moving average is $10.23. GP-Act III Acquisition Corp. has a fifty-two week low of $9.98 and a fifty-two week high of $10.49.
GP-Act III Acquisition Company Profile
GP-Act III Acquisition Corp. operates as a blank check company, which was created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 23, 2020 and is headquartered in New York, NY.
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