Berkley W R Corp Sells 744,524 Shares of Investcorp India Acquisition Corp (NASDAQ:IVCA)

Berkley W R Corp lowered its holdings in Investcorp India Acquisition Corp (NASDAQ:IVCA - Free Report) by 83.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,830 shares of the company's stock after selling 744,524 shares during the period. Berkley W R Corp owned approximately 0.92% of Investcorp India Acquisition worth $1,717,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wolverine Asset Management LLC increased its stake in Investcorp India Acquisition by 29.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 776,041 shares of the company's stock worth $8,824,000 after acquiring an additional 178,244 shares during the period. Cowen AND Company LLC raised its position in shares of Investcorp India Acquisition by 415.9% in the 2nd quarter. Cowen AND Company LLC now owns 411,301 shares of the company's stock valued at $4,668,000 after buying an additional 331,576 shares in the last quarter. Logan Stone Capital LLC acquired a new position in shares of Investcorp India Acquisition in the 2nd quarter valued at approximately $1,834,000. Quarry LP boosted its position in shares of Investcorp India Acquisition by 23.3% during the 2nd quarter. Quarry LP now owns 61,667 shares of the company's stock worth $700,000 after acquiring an additional 11,667 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Investcorp India Acquisition during the 1st quarter worth approximately $343,000. Institutional investors and hedge funds own 55.98% of the company's stock.

Investcorp India Acquisition Price Performance

IVCA remained flat at $11.71 during trading on Friday. 1 shares of the company's stock traded hands, compared to its average volume of 296. The business's fifty day moving average is $11.62 and its 200 day moving average is $11.49. Investcorp India Acquisition Corp has a 1-year low of $10.88 and a 1-year high of $12.37.

Investcorp India Acquisition Profile

Investcorp India Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was formerly known as Investcorp Acquisition Corp.