Tortoise Capital Advisors L.L.C. Takes Position in ArcLight Clean Transition Corp. II (NASDAQ:ACTDU)

Tortoise Capital Advisors L.L.C. bought a new stake in shares of ArcLight Clean Transition Corp. II (NASDAQ:ACTDU) in the 1st quarter, Holdings Channel.com reports. The fund bought 500,000 shares of the company’s stock, valued at approximately $5,000,000.

A number of other large investors have also bought and sold shares of the business. Segantii Capital Management Ltd purchased a new position in ArcLight Clean Transition Corp. II during the 1st quarter valued at about $50,000. Schonfeld Strategic Advisors LLC purchased a new position in ArcLight Clean Transition Corp. II during the 1st quarter valued at about $100,000. Caas Capital Management LP purchased a new position in ArcLight Clean Transition Corp. II during the 1st quarter valued at about $150,000. Wolverine Asset Management LLC purchased a new position in ArcLight Clean Transition Corp. II during the 1st quarter valued at about $164,000. Finally, EJF Capital LLC purchased a new position in ArcLight Clean Transition Corp. II during the 1st quarter valued at about $170,000.

Shares of ArcLight Clean Transition Corp. II stock traded down $0.05 during mid-day trading on Thursday, hitting $10.04. 2,017 shares of the stock were exchanged, compared to its average volume of 87,541. ArcLight Clean Transition Corp. II has a twelve month low of $9.73 and a twelve month high of $10.88. The stock has a 50-day moving average of $10.07.

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.

Further Reading: How is the S&P 500 index different from the DJIA?

Want to see what other hedge funds are holding ACTDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ArcLight Clean Transition Corp. II (NASDAQ:ACTDU).

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

Receive News & Ratings for ArcLight Clean Transition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcLight Clean Transition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.