EJF Capital LLC Makes New $170,000 Investment in ArcLight Clean Transition Corp. II (NASDAQ:ACTDU)

EJF Capital LLC bought a new position in ArcLight Clean Transition Corp. II (NASDAQ:ACTDU) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 17,000 shares of the company’s stock, valued at approximately $170,000.

Other hedge funds also recently modified their holdings of the company. Berkley W R Corp bought a new position in shares of ArcLight Clean Transition Corp. II during the first quarter valued at approximately $197,000. Tudor Investment Corp Et Al bought a new position in shares of ArcLight Clean Transition Corp. II during the first quarter valued at approximately $1,000,000. Blackstone Group Inc. bought a new position in shares of ArcLight Clean Transition Corp. II during the first quarter valued at approximately $7,000,000. Alyeska Investment Group L.P. bought a new position in shares of ArcLight Clean Transition Corp. II during the first quarter valued at approximately $7,000,000. Finally, Q Global Advisors LLC bought a new position in shares of ArcLight Clean Transition Corp. II during the first quarter valued at approximately $1,003,000.

NASDAQ ACTDU opened at $10.04 on Thursday. The company’s 50 day simple moving average is $10.07. ArcLight Clean Transition Corp. II has a 52-week low of $9.73 and a 52-week high of $10.88.

ArcLight Clean Transition Corp. II Profile

ArcLight Clean Transition Corp. II intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Boston, Massachusetts.

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Institutional Ownership by Quarter for ArcLight Clean Transition Corp. II (NASDAQ:ACTDU)

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