Westchester Capital Management LLC Buys 7,500 Shares of CIIG Capital Partners II, Inc. (OTCMKTS:CIIG)

Westchester Capital Management LLC raised its holdings in CIIG Capital Partners II, Inc. (OTCMKTS:CIIG – Get Rating) by 22.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,703 shares of the company’s stock after acquiring an additional 7,500 shares during the period. Westchester Capital Management LLC owned approximately 0.11% of CIIG Capital Partners II worth $404,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Marshall Wace LLP grew its position in CIIG Capital Partners II by 43.8% in the third quarter. Marshall Wace LLP now owns 1,335,572 shares of the company’s stock worth $13,301,000 after acquiring an additional 406,590 shares in the last quarter. Bank of America Corp DE bought a new position in shares of CIIG Capital Partners II during the 1st quarter valued at about $7,936,000. Cubist Systematic Strategies LLC increased its position in shares of CIIG Capital Partners II by 4.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 476,362 shares of the company’s stock valued at $4,711,000 after purchasing an additional 18,465 shares during the last quarter. Millennium Management LLC raised its holdings in shares of CIIG Capital Partners II by 2.4% during the 2nd quarter. Millennium Management LLC now owns 429,785 shares of the company’s stock valued at $4,251,000 after buying an additional 10,055 shares in the last quarter. Finally, Cantor Fitzgerald L. P. raised its holdings in shares of CIIG Capital Partners II by 136.0% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 347,083 shares of the company’s stock valued at $3,443,000 after buying an additional 200,000 shares in the last quarter. Institutional investors own 70.03% of the company’s stock.

CIIG Capital Partners II Price Performance

Shares of OTCMKTS CIIG opened at $10.31 on Thursday. CIIG Capital Partners II, Inc. has a 1-year low of $9.84 and a 1-year high of $10.98. The stock’s 50-day moving average is $10.25 and its 200 day moving average is $10.11.

CIIG Capital Partners II Company Profile

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CIIG Capital Partners II, Inc does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of technology, media, and telecommunications industries, as well as companies with business models that are enabled by technology.