Berkley W R Corp Trims Holdings in Keen Vision Acquisition Co. (NASDAQ:KVAC)

Berkley W R Corp decreased its holdings in Keen Vision Acquisition Co. (NASDAQ:KVAC - Free Report) by 47.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 496,978 shares of the company's stock after selling 455,231 shares during the period. Keen Vision Acquisition accounts for about 0.2% of Berkley W R Corp's portfolio, making the stock its 20th biggest holding. Berkley W R Corp owned approximately 2.57% of Keen Vision Acquisition worth $5,457,000 as of its most recent SEC filing.

Separately, Yakira Capital Management Inc. purchased a new stake in Keen Vision Acquisition in the 4th quarter worth $2,556,000. Hedge funds and other institutional investors own 51.72% of the company's stock.

Keen Vision Acquisition Trading Down 0.7 %

Shares of KVAC stock traded down $0.08 during trading hours on Friday, hitting $11.24. The stock had a trading volume of 1,775 shares, compared to its average volume of 74,595. Keen Vision Acquisition Co. has a one year low of $10.47 and a one year high of $11.32. The stock's 50-day moving average price is $11.22 and its two-hundred day moving average price is $11.05.

About Keen Vision Acquisition

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.