Toronto Dominion Bank Acquires Shares of 1,264,915 Nabors Energy Transition Corp. II (NASDAQ:NETD)

Toronto Dominion Bank bought a new position in Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,264,915 shares of the company's stock, valued at approximately $13,661,000. Toronto Dominion Bank owned 3.32% of Nabors Energy Transition Corp. II at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Quarry LP bought a new position in shares of Nabors Energy Transition Corp. II during the 4th quarter worth approximately $128,000. Geode Capital Management LLC lifted its position in Nabors Energy Transition Corp. II by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 30,176 shares of the company's stock worth $326,000 after buying an additional 2,194 shares in the last quarter. Centiva Capital LP acquired a new position in shares of Nabors Energy Transition Corp. II during the 4th quarter worth about $1,959,000. Mizuho Securities USA LLC bought a new position in shares of Nabors Energy Transition Corp. II in the 4th quarter valued at about $2,954,000. Finally, Bulldog Investors LLP boosted its position in Nabors Energy Transition Corp. II by 14.0% during the fourth quarter. Bulldog Investors LLP now owns 281,360 shares of the company's stock valued at $3,043,000 after purchasing an additional 34,454 shares during the last quarter. 75.52% of the stock is owned by institutional investors and hedge funds.

Nabors Energy Transition Corp. II Trading Up 0.1%

Shares of Nabors Energy Transition Corp. II stock traded up $0.01 on Friday, reaching $11.05. 19,577 shares of the company were exchanged, compared to its average volume of 159,725. The company has a market capitalization of $421.28 million, a price-to-earnings ratio of 50.23 and a beta of -0.02. Nabors Energy Transition Corp. II has a one year low of $10.53 and a one year high of $11.10. The company has a 50-day moving average of $11.00 and a 200 day moving average of $10.90.

Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share for the quarter.

About Nabors Energy Transition Corp. II

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.