Berkley W R Corp Acquires Shares of 151,759 Battery Future Acquisition Corp. (NYSE:BFAC)

Berkley W R Corp acquired a new stake in Battery Future Acquisition Corp. (NYSE:BFAC) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 151,759 shares of the company’s stock, valued at approximately $1,669,000. Berkley W R Corp owned approximately 1.10% of Battery Future Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Karpus Management Inc. increased its stake in shares of Battery Future Acquisition by 77.5% during the first quarter. Karpus Management Inc. now owns 40,085 shares of the company’s stock worth $441,000 after purchasing an additional 17,500 shares in the last quarter. Mizuho Securities USA LLC increased its stake in shares of Battery Future Acquisition by 2.9% during the first quarter. Mizuho Securities USA LLC now owns 339,232 shares of the company’s stock worth $3,698,000 after purchasing an additional 9,564 shares in the last quarter. Quarry LP purchased a new stake in shares of Battery Future Acquisition during the fourth quarter worth about $1,131,000. Robinson Capital Management LLC purchased a new stake in shares of Battery Future Acquisition during the fourth quarter worth about $753,000. Finally, Deltec Asset Management LLC purchased a new stake in shares of Battery Future Acquisition during the fourth quarter worth about $542,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

Battery Future Acquisition Stock Up 0.2 %

Shares of BFAC stock traded up $0.02 on Monday, reaching $11.09. 103 shares of the company were exchanged, compared to its average volume of 55,724. The business has a 50-day moving average price of $11.05 and a 200 day moving average price of $11.02. Battery Future Acquisition Corp. has a 1 year low of $9.60 and a 1 year high of $11.55.

Battery Future Acquisition Company Profile

Battery Future Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to target assets or companies along the battery value chain.