Berkley W R Corp Makes New $246,000 Investment in IB Acquisition Corp. (NASDAQ:IBAC)

Berkley W R Corp bought a new position in IB Acquisition Corp. (NASDAQ:IBAC) 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.