Magnetar Financial LLC Invests $9.22 Million in Global Partner Acquisition Corp II $GPACU

Magnetar Financial LLC purchased a new position in shares of Global Partner Acquisition Corp II (NASDAQ:GPACU) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 921,448 shares of the company’s stock, valued at approximately $9,224,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Gritstone Asset Management LLC purchased a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $751,000. Deltec Asset Management LLC purchased a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $801,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $3,003,000. Clear Street Group Inc. purchased a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $2,502,000. Finally, K2 Principal Fund L.P. purchased a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $1,001,000.

Global Partner Acquisition Corp II Stock Performance

GPACU opened at $10.09 on Wednesday. Global Partner Acquisition Corp II has a 52 week low of $9.97 and a 52 week high of $10.50. The business has a fifty day simple moving average of $10.07 and a 200-day simple moving average of $10.03.

Global Partner Acquisition Corp II Profile

Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York. Global Partner Acquisition Corp II is a subsidiary of Global Partner Sponsor II LLC.