Picton Mahoney Asset Management acquired a new position in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,980,000 shares of the company's stock, valued at approximately $19,840,000. Picton Mahoney Asset Management owned approximately 6.89% of HCM II Acquisition as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Dakota Wealth Management purchased a new position in HCM II Acquisition in the fourth quarter valued at approximately $1,037,000. Deltec Asset Management LLC purchased a new position in HCM II Acquisition in the fourth quarter valued at approximately $1,503,000. Finally, Wolverine Asset Management LLC purchased a new position in HCM II Acquisition in the fourth quarter valued at approximately $7,675,000.
HCM II Acquisition Price Performance
Shares of NASDAQ:HOND traded up $0.07 during trading on Wednesday, hitting $10.20. 1,107 shares of the company were exchanged, compared to its average volume of 9,161. The firm's 50 day moving average is $10.11. HCM II Acquisition Corp. has a 52-week low of $9.90 and a 52-week high of $10.48.
About HCM II Acquisition
(
Free Report)
HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.
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