Berkley W R Corp Sells 52,280 Shares of Spartan Acquisition Corp. II (NYSE:SPRQ)

Berkley W R Corp lowered its position in Spartan Acquisition Corp. II (NYSE:SPRQ) by 70.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,262 shares of the company’s stock after selling 52,280 shares during the period. Berkley W R Corp owned 0.06% of Spartan Acquisition Corp. II worth $233,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPRQ. Wolverine Asset Management LLC raised its stake in shares of Spartan Acquisition Corp. II by 207.6% in the first quarter. Wolverine Asset Management LLC now owns 7,998 shares of the company’s stock valued at $83,000 after acquiring an additional 5,398 shares during the last quarter. FIL Ltd bought a new position in shares of Spartan Acquisition Corp. II in the first quarter valued at approximately $156,000. OTA Financial Group L.P. bought a new position in shares of Spartan Acquisition Corp. II in the first quarter valued at approximately $246,000. Sphera Funds Management LTD. bought a new position in shares of Spartan Acquisition Corp. II in the first quarter valued at approximately $523,000. Finally, Ion Asset Management Ltd. bought a new position in shares of Spartan Acquisition Corp. II in the first quarter valued at approximately $523,000. Institutional investors own 76.80% of the company’s stock.

SPRQ stock opened at $8.46 on Thursday. The stock has a 50 day moving average of $9.75. Spartan Acquisition Corp. II has a fifty-two week low of $9.40 and a fifty-two week high of $16.66.

Separately, Roth Capital began coverage on shares of Spartan Acquisition Corp. II in a research note on Monday, June 21st. They issued a “buy” rating and a $15.00 target price for the company.

About Spartan Acquisition Corp. II

Spartan Acquisition Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the energy value chain. The company was incorporated in 2020 and is based in New York, New York.

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Institutional Ownership by Quarter for Spartan Acquisition Corp. II (NYSE:SPRQ)

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