Cantor Fitzgerald L. P. Makes New $22.13 Million Investment in Cartesian Growth Co. II (NASDAQ:RENE)

Cantor Fitzgerald L. P. bought a new position in shares of Cartesian Growth Co. II (NASDAQ:RENE - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,897,500 shares of the company's stock, valued at approximately $22,125,000. Cartesian Growth Co. II accounts for approximately 0.4% of Cantor Fitzgerald L. P.'s portfolio, making the stock its 9th biggest holding. Cantor Fitzgerald L. P. owned approximately 8.78% of Cartesian Growth Co. II at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of RENE. Virtu Financial LLC bought a new position in shares of Cartesian Growth Co. II during the third quarter valued at approximately $118,000. Spartan Fund Management Inc. purchased a new position in shares of Cartesian Growth Co. II in the 4th quarter valued at $295,000. Mizuho Securities USA LLC increased its holdings in shares of Cartesian Growth Co. II by 7.1% in the 4th quarter. Mizuho Securities USA LLC now owns 1,057,800 shares of the company's stock valued at $12,270,000 after acquiring an additional 70,300 shares during the period. Finally, Alpine Global Management LLC bought a new position in shares of Cartesian Growth Co. II in the 4th quarter worth $2,332,000. Institutional investors own 58.96% of the company's stock.

Cartesian Growth Co. II Price Performance

RENE traded down $0.04 on Friday, hitting $11.91. The company had a trading volume of 1,271 shares, compared to its average volume of 88,733. The stock has a fifty day moving average price of $11.87 and a 200-day moving average price of $11.75. Cartesian Growth Co. II has a 12-month low of $11.22 and a 12-month high of $11.95.

Cartesian Growth Co. II Profile

Cartesian Growth Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 13, 2021 and is headquartered in New York, NY.