Ares Acquisition Co. II (NYSE:AACT - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $11.00 and last traded at $11.00, with a volume of 108 shares. The stock had previously closed at $10.97.
Ares Acquisition Co. II Price Performance
The firm's 50-day simple moving average is $10.92 and its two-hundred day simple moving average is $10.82.
Institutional Trading of Ares Acquisition Co. II
Several institutional investors and hedge funds have recently bought and sold shares of the business. Virtu Financial LLC boosted its holdings in Ares Acquisition Co. II by 7.6% in the 2nd quarter. Virtu Financial LLC now owns 118,148 shares of the company's stock valued at $1,261,000 after purchasing an additional 8,324 shares during the period. Berkley W R Corp raised its stake in Ares Acquisition Co. II by 627.4% during the second quarter. Berkley W R Corp now owns 1,509,023 shares of the company's stock worth $16,101,000 after acquiring an additional 1,301,567 shares in the last quarter. Driehaus Capital Management LLC bought a new position in Ares Acquisition Co. II in the 2nd quarter valued at approximately $5,335,000. Finally, Wolverine Asset Management LLC boosted its holdings in shares of Ares Acquisition Co. II by 448.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 686,939 shares of the company's stock valued at $7,440,000 after acquiring an additional 561,796 shares in the last quarter. Institutional investors own 72.95% of the company's stock.
About Ares Acquisition Co. II
(
Get Free Report)
Ares Acquisition Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Ares Acquisition Corporation II was incorporated in 2021 and is based in New York, New York.
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