Berkley W R Corp Has $2.26 Million Stock Position in Redwoods Acquisition Corp. (NASDAQ:RWOD)

Berkley W R Corp boosted its holdings in Redwoods Acquisition Corp. (NASDAQ:RWOD) by 172.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 188,791 shares of the company’s stock after acquiring an additional 119,376 shares during the quarter. Berkley W R Corp owned approximately 0.11% of Redwoods Acquisition worth $2,260,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cowen AND Company LLC bought a new position in shares of Redwoods Acquisition in the fourth quarter worth about $160,000. Clear Street LLC grew its holdings in shares of Redwoods Acquisition by 4,175.5% during the 4th quarter. Clear Street LLC now owns 73,154 shares of the company’s stock valued at $783,000 after purchasing an additional 71,443 shares during the last quarter. Finally, Mizuho Securities USA LLC acquired a new position in Redwoods Acquisition during the 4th quarter worth approximately $2,134,000. Institutional investors own 20.07% of the company’s stock.

Redwoods Acquisition Price Performance

Redwoods Acquisition stock remained flat at $1.47 during mid-day trading on Monday. 138,401 shares of the company’s stock were exchanged, compared to its average volume of 108,185. The company has a fifty day moving average of $3.80 and a two-hundred day moving average of $7.64. Redwoods Acquisition Corp. has a 1 year low of $2.22 and a 1 year high of $13.10.

Redwoods Acquisition Company Profile

Redwoods Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. In intends to focus on businesses in the carbon neutral and energy storage industries.