Ares Acquisition Co. II (NYSE:AACT - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as $11.22 and last traded at $11.21, with a volume of 1163 shares. The stock had previously closed at $11.22.
Ares Acquisition Co. II Trading Up 0.3 %
The company's 50-day moving average is $11.15 and its two-hundred day moving average is $11.01.
Hedge Funds Weigh In On Ares Acquisition Co. II
Institutional investors have recently bought and sold shares of the company. Virtu Financial LLC grew its stake in shares of Ares Acquisition Co. II by 4.2% during the 4th quarter. Virtu Financial LLC now owns 22,710 shares of the company's stock worth $249,000 after acquiring an additional 914 shares during the period. FNY Investment Advisers LLC raised its position in shares of Ares Acquisition Co. II by 10.4% in the first quarter. FNY Investment Advisers LLC now owns 111,638 shares of the company's stock valued at $1,244,000 after purchasing an additional 10,538 shares during the period. D. E. Shaw & Co. Inc. lifted its position in shares of Ares Acquisition Co. II by 2.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,475,000 shares of the company's stock worth $27,176,000 after acquiring an additional 61,500 shares in the last quarter. Jane Street Group LLC purchased a new stake in Ares Acquisition Co. II during the 4th quarter worth about $883,000. Finally, Berkley W R Corp boosted its stake in Ares Acquisition Co. II by 6.6% in the 4th quarter. Berkley W R Corp now owns 1,608,763 shares of the company's stock worth $17,664,000 after purchasing an additional 99,740 shares during the period. Hedge funds and other 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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