Sage Mountain Advisors LLC cut its holdings in CIIG Capital Partners II, Inc. (NASDAQ:CIIGU – Get Rating) by 8.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 21,250 shares of the company's stock after selling 2,000 shares during the period. Sage Mountain Advisors LLC's holdings in CIIG Capital Partners II were worth $214,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Wolverine Trading LLC acquired a new position in CIIG Capital Partners II in the 4th quarter valued at $149,000. Sandia Investment Management LP acquired a new position in CIIG Capital Partners II in the 4th quarter valued at $6,281,000. Finally, Omni Event Management Ltd acquired a new position in CIIG Capital Partners II in the 4th quarter valued at $10,526,000.
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Shares of CIIGU opened at $9.95 on Friday. The stock has a fifty day moving average of $10.01 and a two-hundred day moving average of $10.03. CIIG Capital Partners II, Inc. has a fifty-two week low of $9.88 and a fifty-two week high of $10.71.
About CIIG Capital Partners II
(Get Rating)CIIG Capital Partners II, Inc does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of technology, media, and telecommunications industries, as well as companies with business models that are enabled by technology.
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