Berkley W R Corp Has $3.97 Million Holdings in Gigcapital7 Corp. (NASDAQ:GIG)

Berkley W R Corp boosted its position in Gigcapital7 Corp. (NASDAQ:GIG - Free Report) by 46.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 397,066 shares of the company's stock after buying an additional 125,108 shares during the quarter. Berkley W R Corp owned approximately 1.19% of Gigcapital7 worth $3,971,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in GIG. Westchester Capital Management LLC acquired a new stake in Gigcapital7 in the 4th quarter valued at about $9,580,000. Picton Mahoney Asset Management bought a new position in Gigcapital7 in the 4th quarter valued at about $7,175,000. Mizuho Securities USA LLC acquired a new position in Gigcapital7 during the fourth quarter valued at approximately $3,372,000. Wolverine Asset Management LLC acquired a new stake in Gigcapital7 in the fourth quarter valued at about $3,027,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Gigcapital7 in the 4th quarter valued at approximately $3,000,000.

Gigcapital7 Stock Performance

Shares of NASDAQ GIG traded up $0.01 during midday trading on Friday, reaching $10.24. 8,009 shares of the company were exchanged, compared to its average volume of 46,300. Gigcapital7 Corp. has a one year low of $9.89 and a one year high of $10.24. The company's 50-day moving average price is $10.14.

Gigcapital7 Profile

GigCapital7 Corp. is a blank check company or special purpose acquisition company. It was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Avishay S.