Ares Acquisition Co. II (NYSE:AACT - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $11.13 and last traded at $11.12, with a volume of 1533946 shares traded. The stock had previously closed at $11.10.
Ares Acquisition Co. II Stock Up 0.3 %
The business has a 50 day moving average price of $11.02 and a 200-day moving average price of $10.92.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in AACT. FNY Investment Advisers LLC purchased a new stake in Ares Acquisition Co. II during the 4th quarter worth $1,110,000. Wolverine Asset Management LLC increased its position 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 acquiring an additional 121,655 shares during the last quarter. Toronto Dominion Bank purchased a new stake in shares of Ares Acquisition Co. II during the fourth quarter worth about $21,519,000. Jane Street Group LLC acquired a new position in shares of Ares Acquisition Co. II in the fourth quarter worth about $883,000. Finally, D. E. Shaw & Co. Inc. boosted its holdings in Ares Acquisition Co. II by 2.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,475,000 shares of the company's stock valued at $27,176,000 after purchasing an additional 61,500 shares during the last quarter. 72.95% of the stock is owned by institutional investors and hedge funds.
Ares Acquisition Co. II Company Profile
(
Get Free Report)
Ares Acquisition Corp. II is a blank check company which engages in effecting a merger, share exchange, asset acquisition, share purchase, and reorganization or similar business combination. The company was founded on March 15, 2021 and is headquartered in New York, NY.
Further Reading
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