Clear Street LLC Acquires 3,011 Shares of PHP Ventures Acquisition Corp. (NASDAQ:PPHP)

Clear Street LLC lifted its stake in shares of PHP Ventures Acquisition Corp. (NASDAQ:PPHP) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,757 shares of the company’s stock after purchasing an additional 3,011 shares during the period. Clear Street LLC owned approximately 1.42% of PHP Ventures Acquisition worth $407,000 at the end of the most recent reporting period.

Separately, SkyView Investment Advisors LLC acquired a new stake in shares of PHP Ventures Acquisition during the 1st quarter worth approximately $779,000. 27.40% of the stock is owned by hedge funds and other institutional investors.

PHP Ventures Acquisition Stock Performance

Shares of PHP Ventures Acquisition stock opened at $11.07 on Thursday. PHP Ventures Acquisition Corp. has a 52 week low of $10.66 and a 52 week high of $11.95. The firm has a fifty day moving average of $11.07 and a two-hundred day moving average of $11.06. The stock has a market capitalization of $28.75 million, a price-to-earnings ratio of -27.68 and a beta of 0.01.

PHP Ventures Acquisition Company Profile

PHP Ventures Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on consumer-facing companies in Africa. The company was incorporated in 2021 and is based in Subang Jaya, Malaysia.