Dakota Wealth Management Increases Stock Position in Range Capital Acquisition Corp. $RANG

Key Points

• Dakota Wealth Management increased its stake in Range Capital Acquisition Corp. by 94.7% during the second quarter, owning 60,050 shares valued at approximately $613,000.
• Several hedge funds have also recently invested in Range Capital, with notable new positions including Schechter Investment Advisors and Linden Advisors LP, each acquiring stakes worth over $5 million.
• As of Monday, shares of Range Capital Acquisition Corp. opened at $10.29, with a twelve-month trading range between $9.91 and $10.64.

Dakota Wealth Management increased its position in Range Capital Acquisition Corp. (NASDAQ:RANG - Free Report) by 94.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,050 shares of the company's stock after acquiring an additional 29,200 shares during the period. Dakota Wealth Management owned about 0.43% of Range Capital Acquisition worth $613,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in RANG. Schechter Investment Advisors LLC purchased a new position in Range Capital Acquisition in the 1st quarter worth approximately $5,320,000. Linden Advisors LP purchased a new position in Range Capital Acquisition in the 1st quarter worth approximately $5,025,000. Crossingbridge Advisors LLC purchased a new position in Range Capital Acquisition in the 1st quarter worth approximately $4,522,000. DLD Asset Management LP purchased a new position in Range Capital Acquisition in the 1st quarter worth approximately $2,261,000. Finally, Goldman Sachs Group Inc. purchased a new position in Range Capital Acquisition in the 1st quarter worth approximately $2,254,000.

Range Capital Acquisition Stock Performance

Shares of NASDAQ RANG opened at $10.29 on Monday. Range Capital Acquisition Corp. has a twelve month low of $9.91 and a twelve month high of $10.64. The company has a 50 day moving average of $10.26 and a 200 day moving average of $10.17.

Range Capital Acquisition Company Profile

Range Capital Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on July 24, 2024 and is headquartered in New York, NY.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.