D. E. Shaw & Co. Inc. lifted its position in Ares Acquisition Co. II (NYSE:AACT - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,475,000 shares of the company's stock after purchasing an additional 61,500 shares during the quarter. D. E. Shaw & Co. Inc. owned about 3.96% of Ares Acquisition Co. II worth $27,176,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Berkley W R Corp grew its position in Ares Acquisition Co. II by 6.6% in the fourth quarter. Berkley W R Corp now owns 1,608,763 shares of the company's stock worth $17,664,000 after acquiring an additional 99,740 shares in the last quarter. Wolverine Asset Management LLC grew its position in Ares Acquisition Co. II by 17.7% in the fourth quarter. Wolverine Asset Management LLC now owns 808,594 shares of the company's stock worth $8,878,000 after acquiring an additional 121,655 shares in the last quarter. Bulldog Investors LLP grew its position in Ares Acquisition Co. II by 54.9% in the fourth quarter. Bulldog Investors LLP now owns 523,243 shares of the company's stock worth $5,745,000 after acquiring an additional 185,556 shares in the last quarter. Decagon Asset Management LLP purchased a new position in Ares Acquisition Co. II in the fourth quarter worth $4,089,000. Finally, Mizuho Securities USA LLC purchased a new position in Ares Acquisition Co. II in the fourth quarter worth $3,534,000. Institutional investors own 72.95% of the company's stock.
Ares Acquisition Co. II Stock Up 0.0%
NYSE:AACT traded up $0.01 during midday trading on Friday, hitting $11.29. The company had a trading volume of 1,067,807 shares, compared to its average volume of 388,540. Ares Acquisition Co. II has a 52-week low of $10.62 and a 52-week high of $11.29. The stock's fifty day moving average price is $11.21 and its 200-day moving average price is $11.06.
Ares Acquisition Co. II Profile
(
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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