Berkley W R Corp grew its stake in Pyrophyte Acquisition Corp. (NYSE:PHYT – Free Report) by 88.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,298,016 shares of the company’s stock after acquiring an additional 610,873 shares during the period. Pyrophyte Acquisition accounts for about 0.8% of Berkley W R Corp’s investment portfolio, making the stock its 19th biggest position. Berkley W R Corp owned approximately 9.26% of Pyrophyte Acquisition worth $14,447,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Mizuho Securities USA LLC acquired a new position in Pyrophyte Acquisition in the first quarter valued at about $1,568,000. Hedge funds and other institutional investors own 62.03% of the company’s stock.
Pyrophyte Acquisition Stock Down 0.2 %
Pyrophyte Acquisition stock traded down $0.02 during midday trading on Monday, hitting $11.45. 700 shares of the stock were exchanged, compared to its average volume of 46,071. Pyrophyte Acquisition Corp. has a 52 week low of $10.73 and a 52 week high of $11.54. The company has a fifty day simple moving average of $11.43 and a two-hundred day simple moving average of $11.27.
Pyrophyte Acquisition Profile
Pyrophyte Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more operating businesses or entities operating in the energy transition industries.
Featured Articles
- Five stocks we like better than Pyrophyte Acquisition
- Top Stocks Investing in 5G Technology
- Survey: Top 175 Fittest Retirement Locations in America
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Want to see what other hedge funds are holding PHYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pyrophyte Acquisition Corp. (NYSE:PHYT – Free Report).
Receive News & Ratings for Pyrophyte Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pyrophyte Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.