Wealthspring Capital LLC trimmed its position in GP-Act III Acquisition Corp. (NASDAQ:GPAT – Free Report) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 221,834 shares of the company’s stock after selling 32,119 shares during the quarter. GP-Act III Acquisition makes up 3.7% of Wealthspring Capital LLC’s portfolio, making the stock its 9th biggest position. Wealthspring Capital LLC’s holdings in GP-Act III Acquisition were worth $2,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also added to or reduced their stakes in the company. Tidal Investments LLC bought a new position in GP-Act III Acquisition in the third quarter valued at approximately $307,000. Dakota Wealth Management bought a new position in GP-Act III Acquisition in the third quarter valued at approximately $488,000. Verition Fund Management LLC acquired a new stake in GP-Act III Acquisition in the third quarter valued at approximately $1,506,000. PNC Financial Services Group Inc. acquired a new stake in GP-Act III Acquisition in the third quarter valued at approximately $1,613,000. Finally, Glazer Capital LLC acquired a new stake in GP-Act III Acquisition in the third quarter valued at approximately $2,672,000.
GP-Act III Acquisition Stock Performance
Shares of GP-Act III Acquisition stock opened at $10.27 on Wednesday. GP-Act III Acquisition Corp. has a fifty-two week low of $9.98 and a fifty-two week high of $10.30. The company’s 50 day moving average price is $10.20 and its two-hundred day moving average price is $10.12.
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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Want to see what other hedge funds are holding GPAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GP-Act III Acquisition Corp. (NASDAQ:GPAT – Free Report).
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