Berkley W R Corp Boosts Stock Position in Quetta Acquisition Co. (NASDAQ:QETA)

Berkley W R Corp lifted its position in shares of Quetta Acquisition Co. (NASDAQ:QETA) by 113.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 429,118 shares of the company’s stock after purchasing an additional 227,884 shares during the period. Quetta Acquisition comprises 0.2% of Berkley W R Corp’s investment portfolio, making the stock its 28th largest position. Berkley W R Corp’s holdings in Quetta Acquisition were worth $4,527,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Tidal Investments LLC raised its stake in Quetta Acquisition by 24.6% in the third quarter. Tidal Investments LLC now owns 20,525 shares of the company’s stock worth $214,000 after buying an additional 4,055 shares in the last quarter. Virtu Financial LLC bought a new position in Quetta Acquisition in the third quarter worth about $329,000. Wolverine Asset Management LLC raised its stake in Quetta Acquisition by 31.5% in the fourth quarter. Wolverine Asset Management LLC now owns 202,192 shares of the company’s stock worth $2,133,000 after buying an additional 48,400 shares in the last quarter. Finally, Yakira Capital Management Inc. bought a new position in Quetta Acquisition in the fourth quarter worth about $633,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Quetta Acquisition Stock Up 0.1 %

Shares of NASDAQ QETA opened at $10.72 on Tuesday. Quetta Acquisition Co. has a fifty-two week low of $10.22 and a fifty-two week high of $11.55. The company has a 50 day simple moving average of $10.70 and a two-hundred day simple moving average of $10.60.

Quetta Acquisition Profile

Quetta Acquisition Corporation focuses on effecting a merger, capital stock exchange, share purchase, asset acquisition, recapitalization, reorganization, or related business combination with one or more businesses. It intends to focus on financial technology sector in Asia. The company was incorporated in 2023 and is based in New York, New York.