Virtu Financial LLC Acquires 8,324 Shares of Ares Acquisition Co. II (NYSE:AACT)

Virtu Financial LLC increased its holdings in Ares Acquisition Co. II (NYSE:AACT) by 7.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,148 shares of the company’s stock after purchasing an additional 8,324 shares during the period. Virtu Financial LLC owned approximately 0.19% of Ares Acquisition Co. II worth $1,261,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Condor Capital Management acquired a new stake in shares of Ares Acquisition Co. II in the 4th quarter valued at $425,000. Wolverine Asset Management LLC boosted its position in Ares Acquisition Co. II by 150,674.7% in the second quarter. Wolverine Asset Management LLC now owns 125,143 shares of the company’s stock valued at $1,335,000 after buying an additional 125,060 shares in the last quarter. Berkley W R Corp grew its stake in Ares Acquisition Co. II by 165.5% during the first quarter. Berkley W R Corp now owns 207,456 shares of the company’s stock worth $2,193,000 after buying an additional 129,324 shares during the last quarter. Cohanzick Management LLC increased its holdings in shares of Ares Acquisition Co. II by 133.4% during the fourth quarter. Cohanzick Management LLC now owns 306,200 shares of the company’s stock worth $3,197,000 after buying an additional 175,000 shares in the last quarter. Finally, Mizuho Securities USA LLC acquired a new stake in shares of Ares Acquisition Co. II during the first quarter worth approximately $3,679,000. Institutional investors own 72.95% of the company’s stock.

Ares Acquisition Co. II Price Performance

Shares of AACT opened at $10.81 on Thursday. Ares Acquisition Co. II has a one year low of $10.26 and a one year high of $10.82. The business’s 50 day simple moving average is $10.75 and its 200-day simple moving average is $10.66.

About Ares Acquisition Co. II

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.