Berkley W R Corp Cuts Stake in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA)

Berkley W R Corp lessened its holdings in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA) by 14.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,043,421 shares of the company’s stock after selling 170,983 shares during the period. Mountain & Co. I Acquisition Corp. makes up about 0.7% of Berkley W R Corp’s portfolio, making the stock its 15th biggest holding. Berkley W R Corp owned about 0.07% of Mountain & Co. I Acquisition Corp. worth $12,218,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MCAA. Wolverine Asset Management LLC raised its stake in Mountain & Co. I Acquisition Corp. by 783.2% in the second quarter. Wolverine Asset Management LLC now owns 135,600 shares of the company’s stock valued at $1,580,000 after buying an additional 120,247 shares during the last quarter. Spartan Fund Management Inc. increased its holdings in shares of Mountain & Co. I Acquisition Corp. by 132.9% during the second quarter. Spartan Fund Management Inc. now owns 147,934 shares of the company’s stock valued at $1,722,000 after acquiring an additional 84,408 shares in the last quarter. Glazer Capital LLC raised its position in shares of Mountain & Co. I Acquisition Corp. by 75.4% in the 3rd quarter. Glazer Capital LLC now owns 500,000 shares of the company’s stock valued at $5,855,000 after purchasing an additional 214,922 shares during the last quarter. Finally, Logan Stone Capital LLC acquired a new stake in Mountain & Co. I Acquisition Corp. in the 2nd quarter worth approximately $2,146,000. Institutional investors and hedge funds own 64.23% of the company’s stock.

Mountain & Co. I Acquisition Corp. Stock Performance

Shares of Mountain & Co. I Acquisition Corp. stock opened at $11.39 on Friday. The firm’s 50 day simple moving average is $11.61 and its two-hundred day simple moving average is $11.64. Mountain & Co. I Acquisition Corp. has a 12-month low of $11.18 and a 12-month high of $12.34.

Mountain & Co. I Acquisition Corp. Company Profile

Mountain & Co I Acquisition Corp. 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 or entities in consumer Internet and B2B digital infrastructure sectors.