Wolverine Asset Management LLC Increases Stock Position in GP-Act III Acquisition Corp. (NASDAQ:GPAT)

Wolverine Asset Management LLC increased its position in GP-Act III Acquisition Corp. (NASDAQ:GPAT) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 298,553 shares of the company’s stock after purchasing an additional 11,439 shares during the quarter. Wolverine Asset Management LLC’s holdings in GP-Act III Acquisition were worth $3,027,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in GPAT. Tidal Investments LLC purchased a new position in shares of GP-Act III Acquisition in the third quarter valued at $307,000. Dakota Wealth Management acquired a new position in GP-Act III Acquisition during the 3rd quarter worth $488,000. Verition Fund Management LLC acquired a new position in GP-Act III Acquisition during the 3rd quarter worth $1,506,000. PNC Financial Services Group Inc. acquired a new position in GP-Act III Acquisition during the 3rd quarter worth $1,613,000. Finally, Glazer Capital LLC acquired a new position in GP-Act III Acquisition during the 3rd quarter worth $2,672,000.

GP-Act III Acquisition Price Performance

Shares of GPAT stock opened at $10.29 on Friday. GP-Act III Acquisition Corp. has a 1-year low of $9.98 and a 1-year high of $10.30. The firm has a fifty day moving average of $10.20 and a two-hundred day moving average of $10.11.

GP-Act III Acquisition 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.