FNY Investment Advisers LLC Has $2.29 Million Holdings in Ares Acquisition Corporation II $AACT

FNY Investment Advisers LLC boosted its stake in shares of Ares Acquisition Corporation II (NYSE:AACT) by 81.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 202,396 shares of the company’s stock after buying an additional 90,758 shares during the period. Ares Acquisition Corporation II comprises 1.0% of FNY Investment Advisers LLC’s investment portfolio, making the stock its 17th largest holding. FNY Investment Advisers LLC owned about 0.33% of Ares Acquisition Corporation II worth $2,293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AACT. Mizuho Securities USA LLC raised its holdings in Ares Acquisition Corporation II by 867.2% during the 1st quarter. Mizuho Securities USA LLC now owns 3,133,249 shares of the company’s stock worth $34,842,000 after buying an additional 2,809,299 shares during the period. Westchester Capital Management LLC increased its holdings in shares of Ares Acquisition Corporation II by 27.5% in the 1st quarter. Westchester Capital Management LLC now owns 3,951,420 shares of the company’s stock valued at $44,058,000 after purchasing an additional 852,733 shares during the period. Deltec Asset Management LLC increased its holdings in shares of Ares Acquisition Corporation II by 50.0% in the 2nd quarter. Deltec Asset Management LLC now owns 150,000 shares of the company’s stock valued at $1,700,000 after purchasing an additional 50,000 shares during the period. Virtu Financial LLC increased its holdings in shares of Ares Acquisition Corporation II by 129.3% in the 1st quarter. Virtu Financial LLC now owns 52,078 shares of the company’s stock valued at $581,000 after purchasing an additional 29,368 shares during the period. Finally, Sage Advisors LLC acquired a new position in shares of Ares Acquisition Corporation II in the 2nd quarter valued at about $177,000. Institutional investors and hedge funds own 72.95% of the company’s stock.

Ares Acquisition Corporation II Trading Up 12.8%

Shares of AACT opened at $10.02 on Wednesday. Ares Acquisition Corporation II has a fifty-two week low of $8.47 and a fifty-two week high of $11.62. The business’s 50-day moving average is $10.78 and its 200-day moving average is $11.13.

Ares Acquisition Corporation II Company Profile

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.