Sage Advisors LLC Buys Shares of 15,643 Ares Acquisition Corporation II $AACT

Sage Advisors LLC bought a new stake in shares of Ares Acquisition Corporation II (NYSE:AACT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,643 shares of the company’s stock, valued at approximately $177,000.

Several other hedge funds and other institutional investors have also bought and sold shares of AACT. Westchester Capital Management LLC increased its position in shares of Ares Acquisition Corporation II by 27.5% during 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 last quarter. Mizuho Securities USA LLC increased its position in shares of 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 valued at $34,842,000 after purchasing an additional 2,809,299 shares during the last quarter. Deltec Asset Management LLC increased its position in shares of Ares Acquisition Corporation II by 50.0% during 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 last quarter. FNY Investment Advisers LLC increased its position in shares of Ares Acquisition Corporation II by 10.4% during the 1st quarter. FNY Investment Advisers LLC now owns 111,638 shares of the company’s stock valued at $1,244,000 after purchasing an additional 10,538 shares during the last quarter. Finally, Virtu Financial LLC increased its position in shares of Ares Acquisition Corporation II by 129.3% during 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 last quarter. Institutional investors own 72.95% of the company’s stock.

Ares Acquisition Corporation II Stock Up 12.8%

NYSE AACT opened at $10.02 on Tuesday. Ares Acquisition Corporation II has a 52 week low of $8.47 and a 52 week high of $11.62. The company has a 50-day moving average price of $10.95 and a 200-day moving average price of $11.18.

About Ares Acquisition Corporation II

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.