Ares Acquisition Co. II (NYSE:AACT - Get Free Report) shares saw strong trading volume on Thursday . 719,150 shares were traded during trading, an increase of 187% from the previous session's volume of 250,699 shares.The stock last traded at $11.20 and had previously closed at $11.17.
Ares Acquisition Co. II Stock Up 0.1 %
The business has a fifty day moving average of $11.06 and a two-hundred day moving average of $10.94.
Institutional Investors Weigh In On Ares Acquisition Co. II
A number of large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC grew its position in shares of Ares Acquisition Co. II by 4.2% in the fourth quarter. Virtu Financial LLC now owns 22,710 shares of the company's stock valued at $249,000 after purchasing an additional 914 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Ares Acquisition Co. II in the fourth quarter worth $883,000. FNY Investment Advisers LLC purchased a new stake in shares of Ares Acquisition Co. II in the fourth quarter valued at $1,110,000. Mizuho Securities USA LLC acquired a new stake in shares of Ares Acquisition Co. II during the fourth quarter valued at $3,534,000. Finally, Decagon Asset Management LLP purchased a new stake in Ares Acquisition Co. II during the 4th quarter worth about $4,089,000. 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. 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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