Berkley W R Corp Sells 337,363 Shares of Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR)

Berkley W R Corp reduced its position in shares of Project Energy Reimagined Acquisition Corp. (NASDAQ:PEGR) by 39.7% in the first quarter, Holdings Channel reports. The firm owned 512,841 shares of the company’s stock after selling 337,363 shares during the quarter. Berkley W R Corp’s holdings in Project Energy Reimagined Acquisition were worth $5,641,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Kim LLC bought a new stake in shares of Project Energy Reimagined Acquisition in the fourth quarter worth approximately $2,774,000. Mizuho Securities USA LLC bought a new stake in shares of Project Energy Reimagined Acquisition in the fourth quarter worth approximately $4,869,000. Glazer Capital LLC bought a new stake in shares of Project Energy Reimagined Acquisition in the fourth quarter worth approximately $6,348,000. Finally, Picton Mahoney Asset Management boosted its holdings in shares of Project Energy Reimagined Acquisition by 78.1% in the fourth quarter. Picton Mahoney Asset Management now owns 1,140,000 shares of the company’s stock worth $12,050,000 after buying an additional 500,000 shares during the last quarter. 95.52% of the stock is currently owned by institutional investors.

Project Energy Reimagined Acquisition Stock Performance

Shares of PEGR traded down $1.08 on Monday, reaching $9.73. The company’s stock had a trading volume of 14,359 shares, compared to its average volume of 59,098. The stock’s 50 day simple moving average is $10.59 and its two-hundred day simple moving average is $10.31. Project Energy Reimagined Acquisition Corp. has a 12-month low of $7.40 and a 12-month high of $15.00.

Project Energy Reimagined Acquisition Profile

Project Energy Reimagined 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 or entities. The company intends to focus on the Electric Grid 2.0 sector.