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Bank of Montreal Can Purchases 209,000 Shares of Fusion Acquisition Corp. II (NYSE:FSNB)

Financial News Live ·  Apr 5, 2023 02:52

Bank of Montreal Can raised its position in shares of Fusion Acquisition Corp. II (NYSE:FSNB – Get Rating) by 7.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,117,800 shares of the company's stock after acquiring an additional 209,000 shares during the period. Bank of Montreal Can's holdings in Fusion Acquisition Corp. II were worth $31,303,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Penserra Capital Management LLC bought a new stake in shares of Fusion Acquisition Corp. II in the first quarter valued at about $50,000. Two Sigma Investments LP bought a new position in Fusion Acquisition Corp. II during the third quarter worth about $197,000. Virtu Financial LLC lifted its stake in Fusion Acquisition Corp. II by 178.7% during the third quarter. Virtu Financial LLC now owns 34,391 shares of the company's stock worth $338,000 after purchasing an additional 22,052 shares during the period. Elequin Capital LP lifted its stake in Fusion Acquisition Corp. II by 5.6% during the third quarter. Elequin Capital LP now owns 34,634 shares of the company's stock worth $341,000 after purchasing an additional 1,834 shares during the period. Finally, Mint Tower Capital Management B.V. bought a new position in Fusion Acquisition Corp. II during the third quarter worth about $688,000. 72.53% of the stock is currently owned by institutional investors.

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Fusion Acquisition Corp. II Stock Up 0.2 %

FSNB traded up $0.02 during midday trading on Tuesday, reaching $10.16. 1,435 shares of the company's stock were exchanged, compared to its average volume of 344,286. The business has a 50-day simple moving average of $10.14 and a two-hundred day simple moving average of $10.02. Fusion Acquisition Corp. II has a one year low of $9.76 and a one year high of $10.35.

Fusion Acquisition Corp. II Profile

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Fusion Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to acquire businesses in the wealth, financial advice, investment, and asset management sectors, as well as FinTech sector.

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Want to see what other hedge funds are holding FSNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fusion Acquisition Corp. II (NYSE:FSNB – Get Rating).

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