Pyrophyte Acquisition Corp. (NYSE:PHYT) Shares Sold by Berkley W R Corp

Berkley W R Corp reduced its stake in Pyrophyte Acquisition Corp. (NYSE:PHYT) by 42.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 746,399 shares of the company’s stock after selling 551,617 shares during the period. Pyrophyte Acquisition makes up about 0.4% of Berkley W R Corp’s holdings, making the stock its 29th largest holding. Berkley W R Corp owned about 0.07% of Pyrophyte Acquisition worth $8,539,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Mizuho Securities USA LLC acquired a new stake in Pyrophyte Acquisition in the first quarter valued at $1,568,000. Institutional investors own 62.03% of the company’s stock.

Pyrophyte Acquisition Stock Performance

Pyrophyte Acquisition stock opened at $11.51 on Tuesday. Pyrophyte Acquisition Corp. has a 1-year low of $10.82 and a 1-year high of $11.54. The stock’s fifty day moving average is $11.49 and its two-hundred day moving average is $11.38.

Pyrophyte Acquisition Profile

Pyrophyte Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more operating businesses or entities operating in the energy transition industries.