Toronto Dominion Bank acquired a new stake in Gores Guggenheim, Inc. (NASDAQ:GGPI) during the 3rd quarter, Holdings Channel reports. The fund acquired 35,000 shares of the company’s stock, valued at approximately $358,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of GGPI. Wealthspring Capital LLC bought a new stake in Gores Guggenheim during the 3rd quarter worth about $153,000. Sage Mountain Advisors LLC bought a new stake in Gores Guggenheim during the 3rd quarter worth about $997,000. Virtu Financial LLC bought a new stake in Gores Guggenheim during the 2nd quarter worth about $118,000. Marshall Wace LLP bought a new stake in Gores Guggenheim during the 2nd quarter worth about $19,540,000. Finally, Millennium Management LLC bought a new stake in Gores Guggenheim during the 2nd quarter worth about $13,531,000. 58.38% of the stock is currently owned by institutional investors and hedge funds.
Shares of NASDAQ:GGPI opened at $11.42 on Friday. The company’s 50-day moving average price is $12.17 and its two-hundred day moving average price is $10.77. Gores Guggenheim, Inc. has a one year low of $9.70 and a one year high of $16.41.
Gores Guggenheim, 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.
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