Silver Rock Financial LP Lowers Stake in Gores Technology Partners, Inc. (NASDAQ:GTPAU)

Silver Rock Financial LP cut its position in shares of Gores Technology Partners, Inc. (NASDAQ:GTPAUGet Rating) by 10.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 203,010 shares of the company’s stock after selling 23,490 shares during the quarter. Silver Rock Financial LP’s holdings in Gores Technology Partners were worth $2,032,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Owl Creek Asset Management L.P. purchased a new stake in Gores Technology Partners in the fourth quarter valued at approximately $785,000. Citadel Advisors LLC grew its holdings in Gores Technology Partners by 0.4% in the third quarter. Citadel Advisors LLC now owns 421,613 shares of the company’s stock valued at $4,212,000 after purchasing an additional 1,634 shares during the period. EMG Holdings L.P. purchased a new stake in Gores Technology Partners in the third quarter valued at approximately $400,000. CSS LLC IL grew its holdings in Gores Technology Partners by 73.5% in the third quarter. CSS LLC IL now owns 237,927 shares of the company’s stock valued at $2,377,000 after purchasing an additional 100,782 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Gores Technology Partners by 400.0% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 50,000 shares of the company’s stock valued at $500,000 after purchasing an additional 40,000 shares during the period.

GTPAU stock traded up $0.10 during midday trading on Thursday, reaching $9.95. 100 shares of the company’s stock traded hands, compared to its average volume of 46,463. Gores Technology Partners, Inc. has a fifty-two week low of $9.80 and a fifty-two week high of $10.58. The business has a 50-day moving average price of $9.93 and a two-hundred day moving average price of $9.97.

About Gores Technology Partners (Get Rating)

Gores Technology Partners, Inc does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet, enterprise software, fintech, digital health, proptech, gaming, agtech, and logistics industries.

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

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