Berkley W R Corp Purchases 1,155,505 Shares of Investcorp Europe Acquisition Corp I (NASDAQ:IVCB)

Berkley W R Corp increased its position in Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) by 211.2% during the first quarter, Holdings Channel.com reports. The firm owned 1,702,673 shares of the company’s stock after buying an additional 1,155,505 shares during the quarter. Investcorp Europe Acquisition Corp I accounts for approximately 1.1% of Berkley W R Corp’s holdings, making the stock its 16th biggest position. Berkley W R Corp owned about 0.08% of Investcorp Europe Acquisition Corp I worth $19,215,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Quarry LP increased its holdings in Investcorp Europe Acquisition Corp I by 1,087.2% during the 4th quarter. Quarry LP now owns 463,000 shares of the company’s stock worth $5,102,000 after purchasing an additional 424,000 shares in the last quarter. Fifth Lane Capital LP bought a new stake in Investcorp Europe Acquisition Corp I during the first quarter worth $2,270,000. K2 Principal Fund L.P. purchased a new stake in Investcorp Europe Acquisition Corp I in the 4th quarter valued at $3,620,000. Mizuho Securities USA LLC lifted its stake in Investcorp Europe Acquisition Corp I by 252.0% during the 4th quarter. Mizuho Securities USA LLC now owns 749,913 shares of the company’s stock valued at $8,227,000 after acquiring an additional 536,893 shares in the last quarter. Finally, Kim LLC boosted its holdings in Investcorp Europe Acquisition Corp I by 119.0% during the 4th quarter. Kim LLC now owns 552,000 shares of the company’s stock worth $6,083,000 after acquiring an additional 300,000 shares during the last quarter. Institutional investors and hedge funds own 66.10% of the company’s stock.

Investcorp Europe Acquisition Corp I Trading Down 0.2 %

NASDAQ:IVCB traded down $0.03 on Monday, hitting $11.36. The stock had a trading volume of 405 shares, compared to its average volume of 85,285. Investcorp Europe Acquisition Corp I has a 1 year low of $10.75 and a 1 year high of $12.16. The firm’s fifty day simple moving average is $11.35 and its two-hundred day simple moving average is $11.26.

Investcorp Europe Acquisition Corp I Profile

Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors.