Andretti Acquisition Corp. II (NASDAQ:POLE) Shares Purchased by Wolverine Asset Management LLC

Key Points

• Wolverine Asset Management LLC increased its position in Andretti Acquisition Corp. II by 234.9%, owning approximately 658,099 shares valued at $6.67 million as of the latest SEC disclosure.
• Other institutional investors, such as Tidal Investments and Heights Capital Management, also established new stakes in Andretti Acquisition Corp. II during the fourth quarter of the previous year.
• The stock of Andretti Acquisition Corp. II traded at $10.43, with a 12-month range between $9.94 and $11.16.

Wolverine Asset Management LLC boosted its stake in shares of Andretti Acquisition Corp. II (NASDAQ:POLE - Free Report) by 234.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 658,099 shares of the company's stock after buying an additional 461,607 shares during the quarter. Wolverine Asset Management LLC owned 2.23% of Andretti Acquisition Corp. II worth $6,667,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in POLE. Calamos Advisors LLC acquired a new stake in Andretti Acquisition Corp. II during the first quarter worth approximately $8,374,000. Polar Asset Management Partners Inc. purchased a new position in Andretti Acquisition Corp. II in the 4th quarter valued at $17,491,000. Toronto Dominion Bank purchased a new position in Andretti Acquisition Corp. II in the 4th quarter valued at $6,020,000. Two Sigma Investments LP purchased a new stake in shares of Andretti Acquisition Corp. II during the 4th quarter worth $4,998,000. Finally, Tidal Investments LLC purchased a new stake in shares of Andretti Acquisition Corp. II during the 4th quarter worth $128,000.

Andretti Acquisition Corp. II Trading Down 0.1%

Shares of NASDAQ:POLE traded down $0.01 during midday trading on Tuesday, hitting $10.42. 15,001 shares of the stock were exchanged, compared to its average volume of 46,328. The company has a 50 day moving average price of $10.39 and a 200-day moving average price of $10.24. Andretti Acquisition Corp. II has a twelve month low of $9.94 and a twelve month high of $11.16.

Andretti Acquisition Corp. II Profile

Andretti Acquisition Corp. II is a blank check company. It 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. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.