Marshall Wace LLP Buys 359,436 Shares of Newbury Street Acquisition Co. (NASDAQ:NBST)

Marshall Wace LLP increased its position in shares of Newbury Street Acquisition Co. (NASDAQ:NBST – Get Rating) by 221.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 521,983 shares of the company’s stock after purchasing an additional 359,436 shares during the period. Marshall Wace LLP’s holdings in Newbury Street Acquisition were worth $5,132,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Elequin Capital LP purchased a new stake in shares of Newbury Street Acquisition during the 3rd quarter worth $25,000. Landscape Capital Management L.L.C. raised its holdings in shares of Newbury Street Acquisition by 14.7% during the third quarter. Landscape Capital Management L.L.C. now owns 20,293 shares of the company’s stock worth $199,000 after purchasing an additional 2,600 shares during the last quarter. Basso Capital Management L.P. raised its holdings in shares of Newbury Street Acquisition by 1.6% during the first quarter. Basso Capital Management L.P. now owns 181,818 shares of the company’s stock worth $1,773,000 after purchasing an additional 2,941 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in shares of Newbury Street Acquisition by 37.3% during the third quarter. Wolverine Asset Management LLC now owns 13,969 shares of the company’s stock worth $137,000 after purchasing an additional 3,795 shares during the last quarter. Finally, Glazer Capital LLC grew its position in Newbury Street Acquisition by 60.1% during the third quarter. Glazer Capital LLC now owns 18,426 shares of the company’s stock valued at $181,000 after buying an additional 6,915 shares during the period. Institutional investors own 62.19% of the company’s stock.

Newbury Street Acquisition Stock Performance

NBST opened at $10.18 on Tuesday. Newbury Street Acquisition Co. has a twelve month low of $9.70 and a twelve month high of $10.88. The company has a 50-day moving average price of $10.08 and a 200 day moving average price of $9.95.

Newbury Street Acquisition Profile

(Get Rating)

Newbury Street Acquisition Corporation 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. The company was incorporated in 2020 and is based in Boston, Massachusetts.