Wolverine Asset Management LLC Acquires 104,768 Shares of Cartesian Growth Co. II (NASDAQ:RENE)

Wolverine Asset Management LLC raised its holdings in Cartesian Growth Co. II (NASDAQ:RENE - Free Report) by 29.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 464,171 shares of the company's stock after buying an additional 104,768 shares during the period. Wolverine Asset Management LLC owned about 1.61% of Cartesian Growth Co. II worth $5,078,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Schechter Investment Advisors LLC lifted its position in shares of Cartesian Growth Co. II by 1,509.0% during the third quarter. Schechter Investment Advisors LLC now owns 1,381,322 shares of the company's stock valued at $14,918,000 after purchasing an additional 1,295,471 shares in the last quarter. Picton Mahoney Asset Management lifted its position in shares of Cartesian Growth Co. II by 76.9% during the third quarter. Picton Mahoney Asset Management now owns 1,150,430 shares of the company's stock valued at $12,465,000 after purchasing an additional 500,000 shares in the last quarter. Westchester Capital Management LLC lifted its position in shares of Cartesian Growth Co. II by 2.4% during the third quarter. Westchester Capital Management LLC now owns 1,149,349 shares of the company's stock valued at $12,413,000 after purchasing an additional 27,367 shares in the last quarter. Cowen AND Company LLC lifted its position in shares of Cartesian Growth Co. II by 2,758.2% during the third quarter. Cowen AND Company LLC now owns 562,526 shares of the company's stock valued at $6,109,000 after purchasing an additional 542,845 shares in the last quarter. Finally, Wealthspring Capital LLC lifted its position in shares of Cartesian Growth Co. II by 0.3% during the fourth quarter. Wealthspring Capital LLC now owns 382,301 shares of the company's stock valued at $4,186,000 after purchasing an additional 1,305 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Cartesian Growth Co. II Stock Performance

NASDAQ RENE traded up $0.02 during trading hours on Tuesday, reaching $11.20. 98,478 shares of the company were exchanged, compared to its average volume of 58,374. Cartesian Growth Co. II has a 1 year low of $10.52 and a 1 year high of $11.92. The business's 50 day simple moving average is $11.10 and its 200-day simple moving average is $10.99.

Cartesian Growth Co. II Profile

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. Cartesian Growth Corporation II was incorporated in 2021 and is based in New York, New York.

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