Nabors Energy Transition Corp. II (NASDAQ:NETD) Shares Purchased by Westchester Capital Management LLC

Westchester Capital Management LLC raised its holdings in Nabors Energy Transition Corp. II (NASDAQ:NETD) by 260.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,434,365 shares of the company’s stock after purchasing an additional 1,036,334 shares during the period. Westchester Capital Management LLC owned about 3.76% of Nabors Energy Transition Corp. II worth $15,276,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wolverine Asset Management LLC purchased a new position in Nabors Energy Transition Corp. II during the third quarter valued at $6,599,000. Berkley W R Corp increased its stake in Nabors Energy Transition Corp. II by 106.5% during the 2nd quarter. Berkley W R Corp now owns 481,166 shares of the company’s stock worth $5,067,000 after buying an additional 248,150 shares in the last quarter. Dakota Wealth Management acquired a new position in shares of Nabors Energy Transition Corp. II during the second quarter valued at approximately $558,000. Shaolin Capital Management LLC lifted its position in shares of Nabors Energy Transition Corp. II by 140.0% in the second quarter. Shaolin Capital Management LLC now owns 360,000 shares of the company’s stock valued at $3,791,000 after acquiring an additional 210,000 shares in the last quarter. Finally, Clear Street LLC acquired a new stake in shares of Nabors Energy Transition Corp. II in the second quarter worth approximately $536,000. 75.52% of the stock is currently owned by hedge funds and other institutional investors.

Nabors Energy Transition Corp. II Stock Performance

Shares of NETD stock opened at $10.73 on Friday. Nabors Energy Transition Corp. II has a fifty-two week low of $10.29 and a fifty-two week high of $10.88. The stock’s fifty day moving average is $10.69 and its two-hundred day moving average is $10.62.

About Nabors Energy Transition Corp. II

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.