Berkley W R Corp Cuts Stock Position in Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA)

Berkley W R Corp decreased its position in shares of Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) by 76.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,757 shares of the company’s stock after selling 227,465 shares during the period. Berkley W R Corp owned approximately 0.54% of Blockchain Coinvestors Acquisition Corp. I worth $780,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Tuttle Capital Management LLC purchased a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the first quarter valued at about $222,000. Virtu Financial LLC purchased a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the fourth quarter valued at about $233,000. Clear Street LLC grew its position in shares of Blockchain Coinvestors Acquisition Corp. I by 69.2% during the second quarter. Clear Street LLC now owns 54,999 shares of the company’s stock valued at $615,000 after purchasing an additional 22,492 shares in the last quarter. Finally, K2 Principal Fund L.P. purchased a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the fourth quarter valued at about $1,131,000. Hedge funds and other institutional investors own 14.47% of the company’s stock.

Blockchain Coinvestors Acquisition Corp. I Stock Up 0.7 %

Shares of NASDAQ:BCSA opened at $11.22 on Tuesday. Blockchain Coinvestors Acquisition Corp. I has a 12 month low of $10.70 and a 12 month high of $11.88. The company has a 50-day moving average price of $11.20 and a 200 day moving average price of $11.16.

About Blockchain Coinvestors Acquisition Corp. I

Blockchain Coinvestors Acquisition Corp. I 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 in the financial services, technology, and other sectors of the economy that are being enabled by emerging applications of blockchain.