Berkley W R Corp Sells 451,295 Shares of Cartica Acquisition Corp (NASDAQ:CITE)

Berkley W R Corp trimmed its holdings in shares of Cartica Acquisition Corp (NASDAQ:CITE) by 72.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 172,567 shares of the company’s stock after selling 451,295 shares during the period. Berkley W R Corp owned approximately 2.16% of Cartica Acquisition worth $1,959,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Clear Street LLC boosted its stake in Cartica Acquisition by 25,004.2% during the second quarter. Clear Street LLC now owns 29,623 shares of the company’s stock worth $335,000 after acquiring an additional 29,505 shares in the last quarter. K2 Principal Fund L.P. bought a new position in shares of Cartica Acquisition during the 1st quarter worth about $452,000. Wolverine Asset Management LLC grew its stake in shares of Cartica Acquisition by 42.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 212,958 shares of the company’s stock valued at $2,409,000 after buying an additional 63,092 shares during the period. Cowen AND Company LLC bought a new stake in Cartica Acquisition in the 2nd quarter valued at about $2,673,000. Finally, Glazer Capital LLC raised its stake in Cartica Acquisition by 140.1% during the 4th quarter. Glazer Capital LLC now owns 420,753 shares of the company’s stock worth $4,590,000 after buying an additional 245,507 shares during the period. Institutional investors and hedge funds own 42.21% of the company’s stock.

Cartica Acquisition Trading Up 0.8 %

Shares of NASDAQ:CITE opened at $11.47 on Tuesday. Cartica Acquisition Corp has a 52-week low of $10.76 and a 52-week high of $12.25. The business’s 50 day simple moving average is $11.40 and its two-hundred day simple moving average is $11.25.

About Cartica Acquisition

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and complete a business combination in the technology sector in India.