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2022-12-11 17:43
Parallax Volatility Advisers L.P. purchased a new stake in TPG Pace Beneficial II Corp. (NYSE:YTPG – Get Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 102,750 shares of the company's stock, valued at approximately $1,000,000. Parallax Volatility Advisers L.P. owned approximately 0.25% of TPG Pace Beneficial II at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in YTPG. Wealthspring Capital LLC acquired a new position in TPG Pace Beneficial II during the second quarter valued at approximately $3,552,000. RP Investment Advisors LP raised its position in TPG Pace Beneficial II by 40.7% during the first quarter. RP Investment Advisors LP now owns 996,152 shares of the company's stock valued at $9,782,000 after purchasing an additional 288,219 shares in the last quarter. Sculptor Capital LP raised its position in TPG Pace Beneficial II by 100.7% during the second quarter. Sculptor Capital LP now owns 502,631 shares of the company's stock valued at $4,891,000 after purchasing an additional 252,205 shares in the last quarter. Mint Tower Capital Management B.V. raised its position in TPG Pace Beneficial II by 1,196.1% during the second quarter. Mint Tower Capital Management B.V. now owns 259,220 shares of the company's stock valued at $2,522,000 after purchasing an additional 239,220 shares in the last quarter. Finally, Sage Mountain Advisors LLC acquired a new position in TPG Pace Beneficial II during the second quarter valued at approximately $1,534,000. 86.73% of the stock is currently owned by institutional investors and hedge funds.
Get TPG Pace Beneficial II alerts:Shares of YTPG opened at $9.87 on Friday. TPG Pace Beneficial II Corp. has a one year low of $9.70 and a one year high of $9.98. The firm has a 50 day simple moving average of $9.84 and a two-hundred day simple moving average of $9.79.
TPG Pace Beneficial II 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. The company was formerly known as TPG Pace VI Holdings Corp. and changed its name to TPG Pace Beneficial II Corp.
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