Mizuho Securities USA LLC purchased a new stake in Ares Acquisition Co. II (NYSE:AACT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 323,950 shares of the company's stock, valued at approximately $3,534,000. Mizuho Securities USA LLC owned 0.52% of Ares Acquisition Co. II as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of AACT. Virtu Financial LLC lifted its position in Ares Acquisition Co. II by 4.2% during the 4th quarter. Virtu Financial LLC now owns 22,710 shares of the company's stock worth $249,000 after buying an additional 914 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Ares Acquisition Co. II during the fourth quarter worth $1,110,000. Decagon Asset Management LLP bought a new stake in Ares Acquisition Co. II during the fourth quarter worth $4,089,000. Finally, Wolverine Asset Management LLC lifted its stake in Ares Acquisition Co. II by 17.7% in the fourth quarter. Wolverine Asset Management LLC now owns 808,594 shares of the company's stock valued at $8,878,000 after acquiring an additional 121,655 shares during the last quarter. Institutional investors and hedge funds own 72.95% of the company's stock.
Ares Acquisition Co. II Stock Down 0.1 %
Shares of Ares Acquisition Co. II stock traded down $0.02 during trading on Thursday, hitting $11.16. 612,153 shares of the stock were exchanged, compared to its average volume of 254,224. Ares Acquisition Co. II has a 1-year low of $10.56 and a 1-year high of $11.32. The company has a fifty day moving average price of $11.07 and a 200-day moving average price of $10.95.
About Ares Acquisition Co. II
(
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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