Clear Street Group Inc. Has $2.74 Million Stake in Blue Water Acquisition Corp. III $BLUWU

Clear Street Group Inc. increased its position in shares of Blue Water Acquisition Corp. III (NASDAQ:BLUWU) by 151.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 259,755 shares of the company’s stock after purchasing an additional 156,372 shares during the period. Clear Street Group Inc.’s holdings in Blue Water Acquisition Corp. III were worth $2,740,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Schonfeld Strategic Advisors LLC acquired a new position in Blue Water Acquisition Corp. III during the third quarter worth $100,000. Susquehanna International Group LLP acquired a new position in Blue Water Acquisition Corp. III during the third quarter worth $158,000. Jane Street Group LLC acquired a new position in Blue Water Acquisition Corp. III during the second quarter worth $197,000. JPMorgan Chase & Co. acquired a new position in Blue Water Acquisition Corp. III during the second quarter worth $1,501,000. Finally, Marshall Wace LLP acquired a new position in Blue Water Acquisition Corp. III during the second quarter worth $1,502,000.

Blue Water Acquisition Corp. III Stock Performance

Shares of BLUWU opened at $10.34 on Monday. Blue Water Acquisition Corp. III has a 1-year low of $10.00 and a 1-year high of $12.85. The company’s fifty day simple moving average is $10.50 and its 200 day simple moving average is $10.56.

Blue Water Acquisition Corp. III Profile

Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) incorporated in Delaware in March 2021 and listed on the Nasdaq under the ticker symbol BLUWU. As a blank?check company, its primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

The company is sponsored by affiliates of Blue Water Acquisition Holdings III LLC and seeks to leverage its management team’s experience to target opportunities in sectors such as financial technology, consumer products and services, and business services.