Berkley W R Corp grew its stake in IB Acquisition Corp. (NASDAQ:IBAC - Free Report) by 705.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 198,675 shares of the company's stock after purchasing an additional 174,016 shares during the quarter. Berkley W R Corp owned approximately 1.45% of IB Acquisition worth $2,012,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Virtu Financial LLC raised its stake in IB Acquisition by 60.7% during the third quarter. Virtu Financial LLC now owns 92,154 shares of the company's stock valued at $922,000 after buying an additional 34,812 shares in the last quarter. Rivernorth Capital Management LLC raised its holdings in shares of IB Acquisition by 11.3% during the third quarter. Rivernorth Capital Management LLC now owns 150,000 shares of the company's stock worth $1,500,000 after purchasing an additional 15,270 shares during the period. Crossingbridge Advisors LLC lifted its holdings in IB Acquisition by 23.7% in the fourth quarter. Crossingbridge Advisors LLC now owns 455,320 shares of the company's stock worth $4,612,000 after acquiring an additional 87,100 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in shares of IB Acquisition by 424.5% during the fourth quarter. Wolverine Asset Management LLC now owns 568,287 shares of the company's stock valued at $5,754,000 after purchasing an additional 459,929 shares during the last quarter.
IB Acquisition Trading Down 0.0 %
NASDAQ:IBAC traded down $0.01 during midday trading on Friday, reaching $10.36. 15,254 shares of the company traded hands, compared to its average volume of 52,856. IB Acquisition Corp. has a twelve month low of $9.93 and a twelve month high of $10.50. The company has a fifty day moving average price of $10.32 and a 200 day moving average price of $10.20.
IB Acquisition Profile
(
Free Report)
IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.
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