Ares Acquisition Co. II (NYSE:AACT - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $11.00 and last traded at $10.98, with a volume of 201 shares trading hands. The stock had previously closed at $10.98.
Ares Acquisition Co. II Trading Up 0.1 %
The company has a 50-day moving average price of $10.93 and a 200-day moving average price of $10.83.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of AACT. FNY Investment Advisers LLC purchased a new position in shares of Ares Acquisition Co. II during the 4th quarter worth $1,110,000. Virtu Financial LLC boosted its stake in shares of Ares Acquisition Co. II by 7.6% during the 2nd quarter. Virtu Financial LLC now owns 118,148 shares of the company's stock valued at $1,261,000 after buying an additional 8,324 shares during the last quarter. Driehaus Capital Management LLC bought a new stake in shares of Ares Acquisition Co. II in the 2nd quarter worth about $5,335,000. Wolverine Asset Management LLC raised its stake in Ares Acquisition Co. II by 448.9% during the third quarter. Wolverine Asset Management LLC now owns 686,939 shares of the company's stock valued at $7,440,000 after buying an additional 561,796 shares in the last quarter. Finally, Berkley W R Corp lifted 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 purchasing an additional 1,301,567 shares during the last quarter. Hedge funds and other institutional investors own 72.95% of the company's stock.
Ares Acquisition Co. II Company Profile
(
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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