Clear Street LLC Buys New Shares in GP-Act III Acquisition Corp. (NASDAQ:GPATU)

Clear Street LLC purchased a new stake in GP-Act III Acquisition Corp. (NASDAQ:GPATU) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 472,297 shares of the company’s stock, valued at approximately $4,737,000. GP-Act III Acquisition comprises approximately 0.0% of Clear Street LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds also recently modified their holdings of GPATU. Highbridge Capital Management LLC acquired a new stake in shares of GP-Act III Acquisition during the 2nd quarter valued at about $100,000. TrueMark Investments LLC acquired a new stake in GP-Act III Acquisition during the second quarter valued at approximately $178,000. Condor Capital Management bought a new stake in shares of GP-Act III Acquisition in the 2nd quarter valued at approximately $196,000. Cowen AND Company LLC acquired a new position in shares of GP-Act III Acquisition in the 2nd quarter worth approximately $11,890,000. Finally, Picton Mahoney Asset Management acquired a new position in shares of GP-Act III Acquisition in the 2nd quarter worth approximately $18,807,000.

GP-Act III Acquisition Stock Performance

Shares of GPATU stock opened at $10.04 on Thursday. The company has a fifty day moving average of $10.07. GP-Act III Acquisition Corp. has a one year low of $10.02 and a one year high of $10.10.

GP-Act III Acquisition Profile

GP-Act III Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as GP Investments Acquisition Corp. II and changed its name to GP-Act III Acquisition Corp.