Ares Acquisition Co. II (NYSE:AACT) Shares Sold by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. lessened its holdings in shares of Ares Acquisition Co. II (NYSE:AACT) by 33.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,590 shares of the company’s stock after selling 15,795 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Ares Acquisition Co. II were worth $347,000 at the end of the most recent quarter.

Separately, FNY Investment Advisers LLC acquired a new stake in Ares Acquisition Co. II during the 4th quarter valued at approximately $1,110,000. 72.95% of the stock is owned by institutional investors.

Ares Acquisition Co. II Stock Performance

Shares of NYSE AACT opened at $11.07 on Friday. Ares Acquisition Co. II has a fifty-two week low of $10.48 and a fifty-two week high of $11.09. The business has a 50 day moving average price of $11.01 and a two-hundred day moving average price of $10.90.

Ares Acquisition Co. II Company Profile

Ares Acquisition Corp. II is a blank check company which engages in effecting a merger, share exchange, asset acquisition, share purchase, and reorganization or similar business combination. The company was founded on March 15, 2021 and is headquartered in New York, NY.