Berkley W R Corp Sells 248,711 Shares of Burtech Acquisition Corp. (NASDAQ:BRKH)

Berkley W R Corp trimmed its holdings in shares of Burtech Acquisition Corp. (NASDAQ:BRKH) by 47.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 273,494 shares of the company’s stock after selling 248,711 shares during the quarter. Berkley W R Corp’s holdings in Burtech Acquisition were worth $3,085,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of BRKH. Clear Street LLC grew its position in shares of Burtech Acquisition by 141.8% during the 2nd quarter. Clear Street LLC now owns 3,206 shares of the company’s stock worth $36,000 after purchasing an additional 1,880 shares in the last quarter. Mizuho Securities USA LLC raised its position in shares of Burtech Acquisition by 3.2% in the third quarter. Mizuho Securities USA LLC now owns 477,327 shares of the company’s stock valued at $5,360,000 after buying an additional 14,843 shares in the last quarter. Finally, Spartan Fund Management Inc. bought a new stake in shares of Burtech Acquisition in the third quarter valued at approximately $1,693,000. Institutional investors and hedge funds own 97.12% of the company’s stock.

Burtech Acquisition Stock Performance

Burtech Acquisition stock opened at $11.47 on Friday. The stock’s fifty day moving average price is $11.36 and its two-hundred day moving average price is $11.24. Burtech Acquisition Corp. has a one year low of $10.65 and a one year high of $11.54.

Burtech Acquisition Profile

Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.