Condor Capital Management Trims Stock Holdings in GP-Act III Acquisition Corp. (NASDAQ:GPAT)

Condor Capital Management decreased its stake in GP-Act III Acquisition Corp. (NASDAQ:GPAT) by 25.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,518 shares of the company’s stock after selling 4,008 shares during the quarter. Condor Capital Management’s holdings in GP-Act III Acquisition were worth $117,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GPAT. PNC Financial Services Group Inc. purchased a new stake in shares of GP-Act III Acquisition during the third quarter worth about $1,613,000. Periscope Capital Inc. purchased a new stake in shares of GP-Act III Acquisition during the third quarter worth about $2,772,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of GP-Act III Acquisition during the third quarter worth about $13,099,000. Verition Fund Management LLC purchased a new stake in shares of GP-Act III Acquisition during the third quarter worth about $1,506,000. Finally, Westchester Capital Management LLC purchased a new stake in shares of GP-Act III Acquisition during the third quarter worth about $5,533,000.

GP-Act III Acquisition Trading Up 0.7 %

NASDAQ:GPAT opened at $10.35 on Friday. GP-Act III Acquisition Corp. has a 12-month low of $9.98 and a 12-month high of $10.30. The stock has a 50-day moving average price of $10.25 and a 200 day moving average price of $10.15.

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.