Alberta Investment Management Corp acquires new shares in Nabors Energy Transition Corp. II (NASDAQ:NETD)

Alberta Investment Management Corp acquired a new position in Nabors Energy Transition Corp. II (NASDAQ:NETD – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 450,000 shares of the company's stock valued at approximately $4,689,000. Alberta Investment Management Corp owned approximately 1.18% of Nabors Energy Transition Corp. II, according to its most recent disclosure with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their holdings of NETD. Firethorn Wealth Partners LLC acquired a new stake in Nabors Energy Transition Corp. II in the 4th quarter valued at $163,000. Capstone Investment Advisors LLC acquired a new stake in Nabors Energy Transition Corp. II in the 4th quarter valued at about $260,000. Condor Capital Management increased its stake in Nabors Energy Transition Corp. II by 245.2% in the 4th quarter. Condor Capital Management now owns 39,111 shares of the company's stock valued at $406,000 after purchasing an additional 27,781 shares in the last quarter. Meteora Capital LLC acquired a new stake in shares of Nabors Energy Transition Corp. II in the 3rd quarter valued at about $1,017,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Nabors Energy Transition Corp. II in the 3rd quarter valued at about $2,071,000. Hedge funds and other institutional investors own 75.52% of the company's shares.

Share price development of Nabors Energy Transition Corp. II

NASDAQ:NETD rose $0.01 during trading hours on Friday, reaching $10.54. The stock had a trading volume of 201,320 shares, compared to its average volume of 101,568. Nabors Energy Transition Corp. II has a 12-month low of $10.12 and a 12-month high of $11.00. The stock has a 50-day moving average of $10.49 and a 200-day moving average of $10.43.

Nabors Energy Transition Corp. II Company Profile

(Free report)

Nabors Energy Transition Corp. II is focused on effecting a merger, amalgamation, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to identify solutions, opportunities, businesses or technologies focused on advancing the energy transition and facilitating, enhancing or complementing the reduction of carbon or greenhouse gas emissions.

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