Berkley W R Corp Sells 86,493 Shares of ClimateRock (NASDAQ:CLRC)

Berkley W R Corp cut its position in shares of ClimateRock (NASDAQ:CLRC) by 27.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 224,261 shares of the company’s stock after selling 86,493 shares during the period. Berkley W R Corp owned approximately 4.93% of ClimateRock worth $2,592,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CLRC. Mizuho Securities USA LLC purchased a new stake in shares of ClimateRock during the 3rd quarter worth approximately $3,353,000. Cowen AND Company LLC raised its stake in ClimateRock by 504.8% during the second quarter. Cowen AND Company LLC now owns 147,561 shares of the company’s stock valued at $1,695,000 after purchasing an additional 123,161 shares in the last quarter. Logan Stone Capital LLC purchased a new stake in ClimateRock during the second quarter valued at $1,138,000. K2 Principal Fund L.P. bought a new position in ClimateRock during the second quarter valued at $699,000. Finally, Virtu Financial LLC purchased a new position in shares of ClimateRock in the 1st quarter worth $287,000. Hedge funds and other institutional investors own 55.48% of the company’s stock.

ClimateRock Stock Performance

Shares of NASDAQ CLRC opened at $11.65 on Friday. ClimateRock has a 12-month low of $10.98 and a 12-month high of $12.35. The firm’s 50-day moving average price is $11.61 and its 200-day moving average price is $11.55.

ClimateRock Profile

ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue an initial business combination within climate change, environment, renewable energy and emerging, and clean technologies.