Nabors Energy Transition Corp. II (NASDAQ:NETD) Holdings Lowered by Wealthspring Capital LLC

Wealthspring Capital LLC trimmed its position in Nabors Energy Transition Corp. II (NASDAQ:NETD) by 22.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 313,160 shares of the company’s stock after selling 92,640 shares during the quarter. Nabors Energy Transition Corp. II accounts for approximately 5.5% of Wealthspring Capital LLC’s holdings, making the stock its 5th biggest holding. Wealthspring Capital LLC owned about 0.82% of Nabors Energy Transition Corp. II worth $3,382,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in shares of Nabors Energy Transition Corp. II by 51.9% in the third quarter. Geode Capital Management LLC now owns 27,982 shares of the company’s stock worth $298,000 after buying an additional 9,557 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Nabors Energy Transition Corp. II in the third quarter worth $2,130,000. Berkley W R Corp increased its stake in shares of Nabors Energy Transition Corp. II by 1.7% in the third quarter. Berkley W R Corp now owns 489,266 shares of the company’s stock worth $5,216,000 after buying an additional 8,100 shares during the period. Wolverine Asset Management LLC purchased a new position in shares of Nabors Energy Transition Corp. II in the third quarter worth $6,599,000. Finally, Westchester Capital Management LLC increased its stake in shares of Nabors Energy Transition Corp. II by 260.4% in the third quarter. Westchester Capital Management LLC now owns 1,434,365 shares of the company’s stock worth $15,276,000 after buying an additional 1,036,334 shares during the period. 75.52% of the stock is owned by hedge funds and other institutional investors.

Nabors Energy Transition Corp. II Price Performance

Shares of Nabors Energy Transition Corp. II stock opened at $10.94 on Wednesday. The company’s fifty day simple moving average is $10.85 and its two-hundred day simple moving average is $10.74. Nabors Energy Transition Corp. II has a 12-month low of $10.38 and a 12-month high of $11.10.

Nabors Energy Transition Corp. II Company 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.