Verition Fund Management LLC Makes New Investment in Gores Technology Partners II, Inc. (NASDAQ:GTPBU)

Verition Fund Management LLC bought a new position in shares of Gores Technology Partners II, Inc. (NASDAQ:GTPBU) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 202,908 shares of the company’s stock, valued at approximately $2,023,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC purchased a new stake in Gores Technology Partners II during the 1st quarter worth about $39,880,000. TD Asset Management Inc. acquired a new position in Gores Technology Partners II in the 1st quarter valued at about $17,448,000. Citadel Advisors LLC acquired a new position in Gores Technology Partners II in the 1st quarter valued at about $16,438,000. Fairview Capital Investment Management LLC acquired a new position in Gores Technology Partners II during the 1st quarter worth approximately $15,966,000. Finally, Element Capital Management LLC acquired a new position in Gores Technology Partners II during the 1st quarter worth approximately $14,969,000.

Shares of NASDAQ:GTPBU opened at $10.12 on Thursday. The stock’s 50 day moving average price is $10.13. Gores Technology Partners II, Inc. has a 12 month low of $9.85 and a 12 month high of $10.43.

Gores Technology Partners II Profile

Gores Technology Partners II, Inc, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Boulder, Colorado.

Recommended Story: Why are gap-down stocks important?

Want to see what other hedge funds are holding GTPBU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gores Technology Partners II, Inc. (NASDAQ:GTPBU).

Institutional Ownership by Quarter for Gores Technology Partners II (NASDAQ:GTPBU)

Receive News & Ratings for Gores Technology Partners II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gores Technology Partners II and related companies with MarketBeat.com's FREE daily email newsletter.