Berkley W R Corp increased its position in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO – Free Report) by 82.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,520,263 shares of the company’s stock after purchasing an additional 689,218 shares during the quarter. Patria Latin American Opportunity Acquisition makes up 1.0% of Berkley W R Corp’s portfolio, making the stock its 17th biggest position. Berkley W R Corp owned 0.07% of Patria Latin American Opportunity Acquisition worth $17,164,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PLAO. Wolverine Asset Management LLC raised its position in shares of Patria Latin American Opportunity Acquisition by 111.4% during the 4th quarter. Wolverine Asset Management LLC now owns 529,834 shares of the company’s stock valued at $5,881,000 after acquiring an additional 279,179 shares during the last quarter. Picton Mahoney Asset Management acquired a new stake in shares of Patria Latin American Opportunity Acquisition during the fourth quarter worth $6,412,000. Cowen AND Company LLC increased its holdings in Patria Latin American Opportunity Acquisition by 62.1% in the fourth quarter. Cowen AND Company LLC now owns 790,006 shares of the company’s stock valued at $8,769,000 after purchasing an additional 302,581 shares during the last quarter. Kim LLC lifted its stake in Patria Latin American Opportunity Acquisition by 69.5% in the fourth quarter. Kim LLC now owns 805,000 shares of the company’s stock valued at $8,936,000 after buying an additional 330,000 shares during the period. Finally, Hsbc Holdings PLC acquired a new position in Patria Latin American Opportunity Acquisition in the fourth quarter valued at about $8,422,000. 72.25% of the stock is currently owned by institutional investors and hedge funds.
Patria Latin American Opportunity Acquisition Trading Up 0.3 %
Shares of NASDAQ PLAO traded up $0.03 during midday trading on Monday, reaching $11.53. 1,065 shares of the stock were exchanged, compared to its average volume of 116,965. Patria Latin American Opportunity Acquisition Corp. has a 12 month low of $10.85 and a 12 month high of $11.97. The business has a 50-day simple moving average of $11.44 and a two-hundred day simple moving average of $11.33.
Patria Latin American Opportunity Acquisition Company Profile
Patria Latin American Opportunity Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America.
Recommended Stories
- Five stocks we like better than Patria Latin American Opportunity Acquisition
- Stock Market Upgrades: What Are They?
- Survey: Top 175 Fittest Retirement Locations in America
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Want to see what other hedge funds are holding PLAO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO – Free Report).
Receive News & Ratings for Patria Latin American Opportunity Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Patria Latin American Opportunity Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.