Periscope Capital Inc. Sells 50,000 Shares of Cartesian Growth Co. II (NASDAQ:RENE)

Periscope Capital Inc. cut its stake in Cartesian Growth Co. II (NASDAQ:RENE) by 28.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,000 shares of the company’s stock after selling 50,000 shares during the quarter. Periscope Capital Inc. owned about 0.58% of Cartesian Growth Co. II worth $1,458,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in RENE. Virtu Financial LLC purchased a new position in Cartesian Growth Co. II in the third quarter valued at about $118,000. Crossingbridge Advisors LLC boosted its holdings in shares of Cartesian Growth Co. II by 48.6% in the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock valued at $9,061,000 after buying an additional 258,390 shares in the last quarter. Mizuho Securities USA LLC grew its position in shares of Cartesian Growth Co. II by 151.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock worth $11,307,000 after buying an additional 594,424 shares during the last quarter. Finally, Westchester Capital Management LLC raised its stake in shares of Cartesian Growth Co. II by 28.8% during the 3rd quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock worth $18,466,000 after acquiring an additional 359,991 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Cartesian Growth Co. II Price Performance

Cartesian Growth Co. II stock opened at $11.80 on Monday. The business has a fifty day moving average price of $11.75 and a 200-day moving average price of $11.62. Cartesian Growth Co. II has a 1-year low of $11.09 and a 1-year high of $11.81.

Cartesian Growth Co. II Company Profile

Cartesian Growth Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 13, 2021 and is headquartered in New York, NY.