Virtu Financial LLC Acquires 914 Shares of Ares Acquisition Co. II (NYSE:AACT)

Virtu Financial LLC lifted its holdings in Ares Acquisition Co. II (NYSE:AACT) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,710 shares of the company’s stock after buying an additional 914 shares during the quarter. Virtu Financial LLC’s holdings in Ares Acquisition Co. II were worth $249,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FNY Investment Advisers LLC purchased a new stake in Ares Acquisition Co. II in the 4th quarter valued at about $1,110,000. Decagon Asset Management LLP bought a new stake in shares of Ares Acquisition Co. II during the fourth quarter valued at approximately $4,089,000. Finally, Wolverine Asset Management LLC boosted its holdings in shares of 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 purchasing an additional 121,655 shares during the period. 72.95% of the stock is owned by institutional investors.

Ares Acquisition Co. II Price Performance

Shares of NYSE:AACT opened at $11.16 on Friday. The business’s 50 day moving average is $11.08 and its 200 day moving average is $10.96. Ares Acquisition Co. II has a 52-week low of $10.56 and a 52-week high of $11.20.

About Ares Acquisition Co. II

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.