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2023-04-02 00:11
Spartan Fund Management Inc. cut its holdings in shares of Cartesian Growth Co. II (NASDAQ:RENE – Get Rating) by 54.6% in the 4th quarter, Holdings Channel reports. The fund owned 62,671 shares of the company's stock after selling 75,516 shares during the period. Spartan Fund Management Inc.'s holdings in Cartesian Growth Co. II were worth $643,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Virtu Financial LLC acquired a new stake in shares of Cartesian Growth Co. II during the third quarter valued at about $112,000. Captrust Financial Advisors acquired a new stake in shares of Cartesian Growth Co. II during the third quarter worth approximately $194,000. Ergoteles LLC acquired a new stake in shares of Cartesian Growth Co. II during the third quarter worth approximately $300,000. Context Capital Management LLC acquired a new stake in shares of Cartesian Growth Co. II during the third quarter worth approximately $1,006,000. Finally, Whitebox Advisors LLC acquired a new stake in shares of Cartesian Growth Co. II during the third quarter worth approximately $1,006,000. 59.40% of the stock is currently owned by institutional investors and hedge funds.
Get Cartesian Growth Co. II alerts:NASDAQ:RENE traded up $0.02 during mid-day trading on Friday, reaching $10.49. The stock had a trading volume of 124,921 shares, compared to its average volume of 81,039. Cartesian Growth Co. II has a 1-year low of $9.90 and a 1-year high of $11.20. The stock's 50 day simple moving average is $10.42 and its two-hundred day simple moving average is $10.24.
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Cartesian Growth Corporation II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. Cartesian Growth Corporation II was incorporated in 2021 and is based in New York, New York.
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