Fir Tree Capital Management LP bought a new position in RMG Acquisition Corp. III (OTCMKTS:RMGCU) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 350,000 shares of the company’s stock, valued at approximately $3,483,000.
A number of other institutional investors also recently added to or reduced their stakes in the stock. UBS Group AG acquired a new position in RMG Acquisition Corp. III in the first quarter valued at $30,000. JPMorgan Chase & Co. purchased a new position in shares of RMG Acquisition Corp. III in the 1st quarter worth about $52,000. Highland Capital Management Fund Advisors L.P. acquired a new position in shares of RMG Acquisition Corp. III in the 1st quarter valued at about $149,000. Landscape Capital Management L.L.C. acquired a new stake in RMG Acquisition Corp. III during the 1st quarter worth approximately $154,000. Finally, Tudor Investment Corp Et Al acquired a new stake in RMG Acquisition Corp. III during the 1st quarter worth approximately $158,000.
RMG Acquisition Corp. III stock opened at $10.01 on Thursday. The stock has a fifty day simple moving average of $9.99. RMG Acquisition Corp. III has a 52-week low of $9.72 and a 52-week high of $11.15.
RMG Acquisition Corp. III focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.
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