Berkley W R Corp Takes $3.40 Million Position in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Berkley W R Corp bought a new position in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 278,710 shares of the company’s stock, valued at approximately $3,395,000. Berkley W R Corp owned approximately 4.66% of Technology & Telecommunication Acquisition as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TETE. Warberg Asset Management LLC bought a new position in Technology & Telecommunication Acquisition in the 2nd quarter valued at about $208,000. Shaolin Capital Management LLC lifted its stake in Technology & Telecommunication Acquisition by 33.3% in the second quarter. Shaolin Capital Management LLC now owns 200,000 shares of the company’s stock valued at $2,390,000 after purchasing an additional 50,000 shares during the last quarter. Logan Stone Capital LLC bought a new position in shares of Technology & Telecommunication Acquisition during the 2nd quarter worth $1,147,000. Finally, Mizuho Securities USA LLC increased its stake in shares of Technology & Telecommunication Acquisition by 64.2% in the third quarter. Mizuho Securities USA LLC now owns 255,659 shares of the company’s stock worth $3,081,000 after purchasing an additional 99,936 shares in the last quarter. Institutional investors own 45.39% of the company’s stock.

Technology & Telecommunication Acquisition Stock Performance

Shares of NASDAQ TETE opened at $12.23 on Friday. Technology & Telecommunication Acquisition Co. has a fifty-two week low of $11.31 and a fifty-two week high of $12.25. The stock has a fifty day moving average of $12.18 and a 200-day moving average of $12.06.

Technology & Telecommunication Acquisition Profile

Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.