Berkley W R Corp increased its stake in Ares Acquisition Co. II (NYSE:AACT - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,608,763 shares of the company's stock after buying an additional 99,740 shares during the quarter. Ares Acquisition Co. II makes up 0.7% of Berkley W R Corp's holdings, making the stock its 11th biggest position. Berkley W R Corp owned about 2.57% of Ares Acquisition Co. II worth $17,664,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in AACT. Mizuho Securities USA LLC acquired a new stake in shares of Ares Acquisition Co. II in the 4th quarter valued at approximately $3,534,000. Virtu Financial LLC boosted its stake in Ares Acquisition Co. II by 4.2% during the 4th 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 last quarter. Decagon Asset Management LLP bought a new stake in Ares Acquisition Co. II in the 4th quarter worth about $4,089,000. Wolverine Asset Management LLC increased 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 buying an additional 121,655 shares during the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Ares Acquisition Co. II in the fourth quarter valued at $1,110,000. 72.95% of the stock is owned by institutional investors.
Ares Acquisition Co. II Trading Up 0.0 %
AACT traded up $0.01 on Friday, reaching $11.28. The company had a trading volume of 135,807 shares, compared to its average volume of 364,429. Ares Acquisition Co. II has a 52-week low of $10.58 and a 52-week high of $11.29. The business has a 50 day simple moving average of $11.17 and a 200 day simple moving average of $11.02.
About Ares Acquisition Co. II
(
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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