Spartan Fund Management Inc. bought a new position in shares of Cartesian Growth Co. II (NASDAQ:RENE - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,264 shares of the company's stock, valued at approximately $295,000. Cartesian Growth Co. II makes up 1.1% of Spartan Fund Management Inc.'s investment portfolio, making the stock its 23rd largest position. Spartan Fund Management Inc. owned approximately 0.12% of Cartesian Growth Co. II at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of RENE. Alpine Global Management LLC bought a new position in Cartesian Growth Co. II in the fourth quarter valued at approximately $2,332,000. Mizuho Securities USA LLC grew its stake in shares of Cartesian Growth Co. II by 7.1% during the fourth quarter. Mizuho Securities USA LLC now owns 1,057,800 shares of the company's stock worth $12,270,000 after purchasing an additional 70,300 shares during the period. Finally, Virtu Financial LLC increased its holdings in Cartesian Growth Co. II by 161.1% in the fourth quarter. Virtu Financial LLC now owns 26,824 shares of the company's stock valued at $313,000 after purchasing an additional 16,552 shares during the last quarter. 58.96% of the stock is owned by institutional investors.
Cartesian Growth Co. II Stock Up 0.1 %
NASDAQ RENE traded up $0.01 during trading on Monday, reaching $11.92. 467 shares of the stock traded hands, compared to its average volume of 81,126. The stock's 50-day moving average price is $11.83 and its 200 day moving average price is $11.72. Cartesian Growth Co. II has a fifty-two week low of $11.21 and a fifty-two week high of $11.94.
Cartesian Growth Co. II Company Profile
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Free Report)
Cartesian Growth Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 13, 2021 and is headquartered in New York, NY.
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