Keen Vision Acquisition Co. (NASDAQ:KVAC) Shares Sold by Berkley W R Corp

Berkley W R Corp decreased its holdings in shares of Keen Vision Acquisition Co. (NASDAQ:KVAC - Free Report) by 47.8% during the fourth quarter, according to its most recent filing with the SEC. 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 largest position. Berkley W R Corp owned 2.57% of Keen Vision Acquisition worth $5,457,000 as of its most recent SEC filing.

Separately, Spartan Fund Management Inc. acquired a new stake in Keen Vision Acquisition during the fourth quarter valued at $779,000. Institutional investors and hedge funds own 51.72% of the company's stock.

Keen Vision Acquisition Price Performance

Keen Vision Acquisition stock traded down $0.08 during trading on Friday, reaching $11.24. The company had a trading volume of 1,775 shares, compared to its average volume of 74,184. Keen Vision Acquisition Co. has a 1-year low of $10.47 and a 1-year high of $11.32. The firm's 50-day simple moving average is $11.22 and its 200 day simple moving average is $11.04.

Keen Vision Acquisition Company Profile

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.