Ares Acquisition Co. II (NYSE:AACT - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $11.22 and last traded at $11.17, with a volume of 3859314 shares trading hands. The stock had previously closed at $11.18.
Ares Acquisition Co. II Stock Up 0.1 %
The firm has a fifty day moving average price of $11.13 and a two-hundred day moving average price of $11.00.
Hedge Funds Weigh In On Ares Acquisition Co. II
Several hedge funds have recently bought and sold shares of the business. Virtu Financial LLC boosted its stake in shares of Ares Acquisition Co. II by 4.2% during the fourth quarter. Virtu Financial LLC now owns 22,710 shares of the company's stock valued at $249,000 after purchasing an additional 914 shares during the period. Jane Street Group LLC purchased a new stake in Ares Acquisition Co. II in the 4th quarter valued at about $883,000. FNY Investment Advisers LLC purchased a new stake in Ares Acquisition Co. II in the 4th quarter valued at about $1,110,000. Mizuho Securities USA LLC bought a new position in Ares Acquisition Co. II in the 4th quarter worth about $3,534,000. Finally, Decagon Asset Management LLP purchased a new position in shares of Ares Acquisition Co. II during the fourth quarter worth approximately $4,089,000. Institutional investors own 72.95% of the company's stock.
Ares Acquisition Co. II Company Profile
(
Get Free Report)
Ares Acquisition Corp. II is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on March 15, 2021 and is headquartered in New York, NY.
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