99 Acquisition Group Inc. (NASDAQ:NNAG) Shares Acquired by Berkley W R Corp

Berkley W R Corp increased its position in 99 Acquisition Group Inc. (NASDAQ:NNAG) by 1,192.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 205,275 shares of the company’s stock after purchasing an additional 189,395 shares during the period. Berkley W R Corp owned 1.96% of 99 Acquisition Group worth $2,157,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Warberg Asset Management LLC lifted its stake in 99 Acquisition Group by 2.7% in the second quarter. Warberg Asset Management LLC now owns 70,162 shares of the company’s stock valued at $737,000 after buying an additional 1,862 shares during the last quarter. Wolverine Asset Management LLC increased its holdings in shares of 99 Acquisition Group by 72.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 468,539 shares of the company’s stock valued at $4,920,000 after acquiring an additional 196,960 shares during the period. Virtu Financial LLC purchased a new stake in 99 Acquisition Group in the 1st quarter valued at $283,000. Robinson Capital Management LLC acquired a new stake in 99 Acquisition Group during the 1st quarter worth $125,000. Finally, Karpus Management Inc. boosted its stake in 99 Acquisition Group by 22.7% during the 1st quarter. Karpus Management Inc. now owns 246,298 shares of the company’s stock worth $2,537,000 after purchasing an additional 45,498 shares during the period. 55.07% of the stock is owned by institutional investors and hedge funds.

99 Acquisition Group Stock Performance

NASDAQ NNAG opened at $10.55 on Tuesday. The firm’s fifty day moving average is $10.54 and its two-hundred day moving average is $10.46. 99 Acquisition Group Inc. has a one year low of $10.08 and a one year high of $11.42.

99 Acquisition Group Profile

99 Acquisition Group Inc does not have significant operation. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space.