Weiss Asset Management LP Acquires 133,433 Shares of ST Energy Transition I Ltd. (NYSE:STET)

Weiss Asset Management LP increased its holdings in ST Energy Transition I Ltd. (NYSE:STET – Get Rating) by 26.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 633,433 shares of the company’s stock after purchasing an additional 133,433 shares during the period. Weiss Asset Management LP owned approximately 2.10% of ST Energy Transition I worth $6,353,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Karpus Management Inc. purchased a new position in ST Energy Transition I during the third quarter worth $392,000. Fir Tree Capital Management LP purchased a new position in ST Energy Transition I during the first quarter worth $657,000. Cantor Fitzgerald L. P. boosted its stake in ST Energy Transition I by 53.3% during the third quarter. Cantor Fitzgerald L. P. now owns 383,333 shares of the company’s stock worth $3,845,000 after buying an additional 133,333 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its stake in ST Energy Transition I by 25.2% during the second quarter. Cubist Systematic Strategies LLC now owns 488,249 shares of the company’s stock worth $4,819,000 after buying an additional 98,223 shares during the period. Institutional investors own 73.90% of the company’s stock.

ST Energy Transition I Price Performance

NYSE STET opened at $10.36 on Friday. The company has a fifty day moving average of $10.30 and a two-hundred day moving average of $10.16. ST Energy Transition I Ltd. has a 52 week low of $9.82 and a 52 week high of $10.45.

ST Energy Transition I Profile

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ST Energy Transition I Ltd. does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of energy transition and clean energy.