Berkley W R Corp Makes New Investment in GP-Act III Acquisition Corp. (NASDAQ:GPATU)

Berkley W R Corp bought a new stake in GP-Act III Acquisition Corp. (NASDAQ:GPATU) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 297,992 shares of the company’s stock, valued at approximately $2,986,000.

A number of other institutional investors have also made changes to their positions in the business. Picton Mahoney Asset Management acquired a new position in GP-Act III Acquisition during the 2nd quarter worth $18,807,000. Cowen AND Company LLC acquired a new position in shares of GP-Act III Acquisition during the second quarter valued at $11,890,000. Clear Street LLC bought a new position in GP-Act III Acquisition in the second quarter valued at about $4,737,000. Condor Capital Management acquired a new stake in GP-Act III Acquisition in the second quarter worth about $196,000. Finally, TrueMark Investments LLC bought a new stake in GP-Act III Acquisition during the 2nd quarter worth about $178,000.

GP-Act III Acquisition Stock Performance

Shares of GPATU stock opened at $10.08 on Tuesday. The firm has a 50 day simple moving average of $10.07. GP-Act III Acquisition Corp. has a 52-week low of $10.02 and a 52-week high of $10.10.

About GP-Act III Acquisition

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.