Berkley W R Corp Trims Holdings in Keen Vision Acquisition Corporation $KVAC

Berkley W R Corp reduced its holdings in shares of Keen Vision Acquisition Corporation (NASDAQ:KVACFree Report) by 31.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 714,015 shares of the company’s stock after selling 332,153 shares during the period. Keen Vision Acquisition accounts for about 0.5% of Berkley W R Corp’s investment portfolio, making the stock its 28th largest holding. Berkley W R Corp owned about 7.73% of Keen Vision Acquisition worth $8,218,000 as of its most recent SEC filing.

Separately, Crossingbridge Advisors LLC bought a new position in shares of Keen Vision Acquisition during the third quarter valued at approximately $755,000. Institutional investors own 51.72% of the company’s stock.

Keen Vision Acquisition Trading Down 1.0%

Shares of Keen Vision Acquisition stock opened at $11.86 on Friday. Keen Vision Acquisition Corporation has a 1 year low of $11.17 and a 1 year high of $12.20. The firm’s 50-day moving average is $11.89 and its 200 day moving average is $11.75.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Keen Vision Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Keen Vision Acquisition

Keen Vision Acquisition Profile

(Free Report)

Keen Vision Acquisition Corp is a Delaware‐incorporated special purpose acquisition company (SPAC) that completed its initial public offering in 2021. Trading on the Nasdaq under the ticker KVAC, the company raised capital through the sale of units priced at $10.00 each. Proceeds from the offering are held in a trust account pending the identification and completion of a business combination.

The company’s principal business activity is to seek a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets.

See Also

Institutional Ownership by Quarter for Keen Vision Acquisition (NASDAQ:KVAC)

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