Toronto Dominion Bank acquired a new position in shares of Ares Acquisition Co. II (NYSE:AACT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,959,855 shares of the company's stock, valued at approximately $21,519,000. Toronto Dominion Bank owned about 3.14% of Ares Acquisition Co. II as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of the company. Decagon Asset Management LLP acquired a new position in shares of Ares Acquisition Co. II in the fourth quarter valued at approximately $4,089,000. Mizuho Securities USA LLC purchased a new stake in shares of Ares Acquisition Co. II during the 4th quarter worth about $3,534,000. Bulldog Investors LLP raised its stake in shares of Ares Acquisition Co. II by 54.9% in the 4th quarter. Bulldog Investors LLP now owns 523,243 shares of the company's stock valued at $5,745,000 after acquiring an additional 185,556 shares during the period. Wolverine Asset Management LLC lifted its stake in shares of Ares Acquisition Co. II by 17.7% during the fourth quarter. Wolverine Asset Management LLC now owns 808,594 shares of the company's stock worth $8,878,000 after purchasing an additional 121,655 shares in the last quarter. Finally, Berkley W R Corp boosted its holdings in Ares Acquisition Co. II by 6.6% in the 4th 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 during the period. Institutional investors and hedge funds own 72.95% of the company's stock.
Ares Acquisition Co. II Stock Performance
Ares Acquisition Co. II stock traded up $0.02 during midday trading on Thursday, hitting $11.29. 699,020 shares of the stock were exchanged, compared to its average volume of 391,073. Ares Acquisition Co. II has a 1 year low of $10.62 and a 1 year high of $11.29. The company has a 50 day moving average price of $11.22 and a two-hundred day moving average price of $11.06.
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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