California Public Employees Retirement System increased its position in TPG Pace Holdings Corp. (NASDAQ:TPGH) by 19.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,332 shares of the company’s stock after acquiring an additional 1,990 shares during the quarter. California Public Employees Retirement System’s holdings in TPG Pace were worth $127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Northland Securities began coverage on TPG Pace in a research report on Monday, October 21st. They set an “outperform” rating and a $13.50 price objective for the company.
TPG Pace stock opened at $10.50 on Friday. The company’s 50-day moving average price is $10.40. TPG Pace Holdings Corp. has a 52-week low of $9.98 and a 52-week high of $10.95.
TPG Pace Holdings Corp. does not have significant operations. It intends to acquire assets or businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. The company was founded in 2017 and is based in Fort Worth, Texas.
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