Schechter Investment Advisors LLC Trims Stock Holdings in Nabors Energy Transition Corp. II (NASDAQ:NETD)

Schechter Investment Advisors LLC reduced its holdings in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) by 6.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,504,787 shares of the company's stock after selling 168,657 shares during the period. Nabors Energy Transition Corp. II comprises approximately 2.1% of Schechter Investment Advisors LLC's portfolio, making the stock its 11th biggest holding. Schechter Investment Advisors LLC owned about 6.57% of Nabors Energy Transition Corp. II worth $27,052,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in NETD. Westchester Capital Management LLC lifted its stake in shares of Nabors Energy Transition Corp. II by 260.4% in the 3rd quarter. Westchester Capital Management LLC now owns 1,434,365 shares of the company's stock valued at $15,276,000 after acquiring an additional 1,036,334 shares during the last quarter. Wolverine Asset Management LLC increased its stake in Nabors Energy Transition Corp. II by 2.5% in the 4th quarter. Wolverine Asset Management LLC now owns 634,474 shares of the company's stock worth $6,852,000 after purchasing an additional 15,438 shares during the period. Berkley W R Corp lifted its position in Nabors Energy Transition Corp. II by 1.7% in the third quarter. Berkley W R Corp now owns 489,266 shares of the company's stock valued at $5,216,000 after purchasing an additional 8,100 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Nabors Energy Transition Corp. II during the third quarter valued at approximately $2,130,000. Finally, Geode Capital Management LLC grew its holdings in shares of Nabors Energy Transition Corp. II by 51.9% in the third quarter. Geode Capital Management LLC now owns 27,982 shares of the company's stock worth $298,000 after purchasing an additional 9,557 shares during the last quarter. 75.52% of the stock is owned by hedge funds and other institutional investors.

Nabors Energy Transition Corp. II Trading Down 0.1 %

NASDAQ:NETD traded down $0.01 during midday trading on Monday, reaching $10.94. 10,867 shares of the stock traded hands, compared to its average volume of 312,094. The company has a fifty day moving average of $10.86 and a 200 day moving average of $10.75. Nabors Energy Transition Corp. II has a 12 month low of $10.38 and a 12 month high of $11.10.

Nabors Energy Transition Corp. II Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.