Nabors Energy Transition Corp. II (NASDAQ:NETD) Stock Position Cut by Wealthspring Capital LLC

Wealthspring Capital LLC reduced its stake in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD) by 22.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and 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 makes up about 5.5% of Wealthspring Capital LLC’s holdings, making the stock its 5th biggest holding. Wealthspring Capital LLC’s holdings in Nabors Energy Transition Corp. II were worth $3,382,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Westchester Capital Management LLC boosted its holdings in shares of Nabors Energy Transition Corp. II by 260.4% during the 3rd quarter. Westchester Capital Management LLC now owns 1,434,365 shares of the company’s stock valued at $15,276,000 after buying an additional 1,036,334 shares in the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of Nabors Energy Transition Corp. II by 2.5% during the 4th quarter. Wolverine Asset Management LLC now owns 634,474 shares of the company’s stock valued at $6,852,000 after buying an additional 15,438 shares in the last quarter. Berkley W R Corp boosted its holdings in shares of Nabors Energy Transition Corp. II by 1.7% during the 3rd quarter. Berkley W R Corp now owns 489,266 shares of the company’s stock valued at $5,216,000 after buying an additional 8,100 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Nabors Energy Transition Corp. II during the 3rd quarter valued at $2,130,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Nabors Energy Transition Corp. II by 51.9% during the 3rd quarter. Geode Capital Management LLC now owns 27,982 shares of the company’s stock valued at $298,000 after buying an additional 9,557 shares in the last quarter. 75.52% of the stock is owned by hedge funds and other institutional investors.

Nabors Energy Transition Corp. II Stock Performance

Shares of Nabors Energy Transition Corp. II stock opened at $10.94 on Wednesday. The firm’s 50-day moving average is $10.85 and its 200 day moving average is $10.74. Nabors Energy Transition Corp. II has a 1 year low of $10.38 and a 1 year high of $11.10.

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.