Picton Mahoney Asset Management purchased a new position in shares of Trine II Acquisition Corp. (NYSE:TRAQ – Get Rating) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 601,915 shares of the company's stock, valued at approximately $5,988,000. Picton Mahoney Asset Management owned approximately 1.16% of Trine II Acquisition at the end of the most recent reporting period.
Separately, Karpus Management Inc. bought a new stake in Trine II Acquisition during the 1st quarter worth about $2,488,000. Hedge funds and other institutional investors own 38.72% of the company's stock.
Get Trine II Acquisition alerts:Trine II Acquisition Price Performance
Shares of NYSE:TRAQ opened at $10.01 on Thursday. The company's 50-day moving average price is $9.98 and its two-hundred day moving average price is $9.94. Trine II Acquisition Corp. has a one year low of $9.72 and a one year high of $10.09.
About Trine II Acquisition
(Get Rating)Trine II Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.
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