Newbury Street Acquisition Co. (NASDAQ:NBST) Position Decreased by Berkley W R Corp

Berkley W R Corp decreased its holdings in shares of Newbury Street Acquisition Co. (NASDAQ:NBST) by 76.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,026 shares of the company’s stock after selling 191,058 shares during the period. Berkley W R Corp owned approximately 1.17% of Newbury Street Acquisition worth $638,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Clear Street LLC boosted its position in shares of Newbury Street Acquisition by 5.9% during the 2nd quarter. Clear Street LLC now owns 78,425 shares of the company’s stock valued at $857,000 after purchasing an additional 4,390 shares in the last quarter. Hedge funds and other institutional investors own 35.91% of the company’s stock.

Newbury Street Acquisition Stock Performance

NASDAQ:NBST opened at $11.07 on Tuesday. Newbury Street Acquisition Co. has a twelve month low of $10.43 and a twelve month high of $11.83. The company has a 50-day moving average of $10.91 and a 200-day moving average of $10.87.

Newbury Street Acquisition Company Profile

Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.