500,000 Shares in NextGen Acquisition Corp. II (OTCMKTS:NGCAU) Acquired by Hound Partners LLC

Hound Partners LLC acquired a new position in NextGen Acquisition Corp. II (OTCMKTS:NGCAU) in the first quarter, Holdings Channel reports. The fund acquired 500,000 shares of the company’s stock, valued at approximately $4,950,000.

A number of other large investors have also modified their holdings of NGCAU. Tuttle Tactical Management acquired a new position in shares of NextGen Acquisition Corp. II during the first quarter worth $1,458,000. The Manufacturers Life Insurance Company acquired a new position in shares of NextGen Acquisition Corp. II during the first quarter worth $1,980,000. Harbor Advisors LLC acquired a new position in shares of NextGen Acquisition Corp. II during the first quarter worth $99,000. Picton Mahoney Asset Management acquired a new position in shares of NextGen Acquisition Corp. II during the first quarter worth $2,970,000. Finally, Cowen AND Company LLC acquired a new position in shares of NextGen Acquisition Corp. II during the first quarter worth $1,229,000.

Shares of NGCAU stock traded down $0.04 during trading hours on Thursday, reaching $10.42. 3,254 shares of the company’s stock were exchanged, compared to its average volume of 198,422. The business’s 50 day moving average price is $10.33. NextGen Acquisition Corp. II has a fifty-two week low of $9.75 and a fifty-two week high of $11.19.

About NextGen Acquisition Corp. II

NextGen Acquisition Corp. II focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in Boca Raton, Florida.

Further Reading: Swap

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Institutional Ownership by Quarter for NextGen Acquisition Corp. II (OTCMKTS:NGCAU)

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