Weiss Asset Management LP Reduces Holdings in Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO)

Weiss Asset Management LP lowered its position in Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) by 33.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 400,000 shares of the company’s stock after selling 199,677 shares during the quarter. Weiss Asset Management LP owned about 0.93% of Acropolis Infrastructure Acquisition worth $3,882,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Condor Capital Management purchased a new stake in shares of Acropolis Infrastructure Acquisition during the third quarter worth $49,000. Robinson Capital Management LLC bought a new position in Acropolis Infrastructure Acquisition in the 3rd quarter worth about $116,000. Virtu Financial LLC purchased a new position in Acropolis Infrastructure Acquisition during the 3rd quarter valued at about $255,000. Tuttle Capital Management LLC increased its position in shares of Acropolis Infrastructure Acquisition by 15.2% during the third quarter. Tuttle Capital Management LLC now owns 92,379 shares of the company’s stock valued at $639,000 after buying an additional 12,181 shares during the period. Finally, Aristeia Capital LLC purchased a new stake in shares of Acropolis Infrastructure Acquisition in the third quarter worth about $3,397,000. 68.81% of the stock is currently owned by institutional investors.

Acropolis Infrastructure Acquisition Stock Down 0.1 %

Shares of NYSE:ACRO opened at $10.11 on Friday. The company has a 50 day moving average of $10.08 and a 200 day moving average of $9.91. Acropolis Infrastructure Acquisition Corp. has a 12 month low of $9.63 and a 12 month high of $10.31.

About Acropolis Infrastructure Acquisition

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Acropolis Infrastructure Acquisition Corp. does not have significant operations. It intends to effect a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities in the infrastructure, infrastructure services, and related sectors in North America.