CVI Holdings LLC Has $1.15 Million Stake in Nabors Energy Transition Corp. II (NASDAQ:NETD)

CVI Holdings LLC trimmed its holdings in Nabors Energy Transition Corp. II (NASDAQ:NETD) by 43.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,134 shares of the company’s stock after selling 82,324 shares during the period. Nabors Energy Transition Corp. II accounts for about 1.0% of CVI Holdings LLC’s portfolio, making the stock its 16th biggest holding. CVI Holdings LLC owned approximately 0.29% of Nabors Energy Transition Corp. II worth $1,149,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NETD. Capstone Investment Advisors LLC acquired a new stake in shares of Nabors Energy Transition Corp. II in the fourth quarter valued at approximately $260,000. Condor Capital Management lifted its position in shares of Nabors Energy Transition Corp. II by 245.2% in the fourth quarter. Condor Capital Management now owns 39,111 shares of the company’s stock valued at $406,000 after buying an additional 27,781 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Nabors Energy Transition Corp. II in the fourth quarter valued at approximately $4,689,000. Cohanzick Management LLC lifted its position in shares of Nabors Energy Transition Corp. II by 1,500.0% in the fourth quarter. Cohanzick Management LLC now owns 320,000 shares of the company’s stock valued at $3,330,000 after buying an additional 300,000 shares during the last quarter. Finally, Karpus Management Inc. lifted its position in shares of Nabors Energy Transition Corp. II by 169.5% in the fourth quarter. Karpus Management Inc. now owns 828,675 shares of the company’s stock valued at $8,602,000 after buying an additional 521,175 shares during the last quarter. 75.52% of the stock is owned by institutional investors and hedge funds.

Nabors Energy Transition Corp. II Stock Performance

Shares of NASDAQ NETD opened at $10.65 on Friday. Nabors Energy Transition Corp. II has a 1-year low of $10.17 and a 1-year high of $10.88. The business’s 50 day moving average is $10.63 and its 200-day moving average is $10.55.

Nabors Energy Transition Corp. II Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.