Berkley W R Corp Acquires 109,450 Shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Berkley W R Corp increased its stake in shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Free Report) by 10.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,205,131 shares of the company's stock after acquiring an additional 109,450 shares during the period. Inflection Point Acquisition Corp. II makes up approximately 0.7% of Berkley W R Corp's holdings, making the stock its 12th largest holding. Berkley W R Corp owned about 3.86% of Inflection Point Acquisition Corp. II worth $12,955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IPXX. Cowen AND Company LLC raised its position in shares of Inflection Point Acquisition Corp. II by 55.2% in the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company's stock valued at $4,303,000 after purchasing an additional 144,367 shares in the last quarter. Westchester Capital Management LLC raised its holdings in Inflection Point Acquisition Corp. II by 7.6% in the third quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company's stock valued at $26,504,000 after acquiring an additional 175,000 shares in the last quarter. Picton Mahoney Asset Management boosted its stake in Inflection Point Acquisition Corp. II by 28.6% during the 2nd quarter. Picton Mahoney Asset Management now owns 1,125,000 shares of the company's stock valued at $11,925,000 after acquiring an additional 250,000 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in Inflection Point Acquisition Corp. II by 20,059.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company's stock worth $4,906,000 after acquiring an additional 460,554 shares in the last quarter. Finally, Shaolin Capital Management LLC bought a new stake in Inflection Point Acquisition Corp. II in the second quarter valued at about $6,229,000.

Inflection Point Acquisition Corp. II Price Performance

NASDAQ:IPXX remained flat at $10.82 during midday trading on Friday. The company had a trading volume of 29 shares, compared to its average volume of 224,030. The firm has a fifty day moving average of $10.78 and a two-hundred day moving average of $10.68. Inflection Point Acquisition Corp. II has a twelve month low of $10.27 and a twelve month high of $11.00.

Inflection Point Acquisition Corp. II Profile

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.