Berkley W R Corp bought a new position in IB Acquisition Corp. (NASDAQ:IBAC – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 24,659 shares of the company’s stock, valued at approximately $246,000. Berkley W R Corp owned approximately 0.18% of IB Acquisition at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of IBAC. Cowen AND Company LLC bought a new stake in shares of IB Acquisition in the 2nd quarter worth $3,593,000. Condor Capital Management bought a new stake in shares of IB Acquisition in the second quarter worth $422,000. Context Capital Management LLC bought a new stake in shares of IB Acquisition in the second quarter worth $1,994,000. Highbridge Capital Management LLC bought a new stake in shares of IB Acquisition in the second quarter worth $1,995,000. Finally, Clear Street LLC bought a new stake in shares of IB Acquisition in the second quarter worth $1,395,000.
IB Acquisition Price Performance
Shares of IBAC opened at $10.02 on Tuesday. IB Acquisition Corp. has a one year low of $9.93 and a one year high of $10.26. The business has a fifty day moving average price of $10.01.
About IB Acquisition
IB Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. IB Acquisition Corp. is based in Boca Raton, Florida.
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