BNP Paribas Arbitrage SNC Invests $17.68 Million in Longview Acquisition Corp. II (NYSE:LGV)

BNP Paribas Arbitrage SNC purchased a new position in shares of Longview Acquisition Corp. II (NYSE:LGV – Get Rating) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,800,000 shares of the company’s stock, valued at approximately $17,676,000. BNP Paribas Arbitrage SNC owned about 2.09% of Longview Acquisition Corp. II at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Saba Capital Management L.P. raised its stake in shares of Longview Acquisition Corp. II by 87.4% during the third quarter. Saba Capital Management L.P. now owns 3,205,870 shares of the company’s stock worth $31,482,000 after purchasing an additional 1,495,000 shares during the last quarter. Bank of Montreal Can grew its holdings in Longview Acquisition Corp. II by 420.4% during the third quarter. Bank of Montreal Can now owns 2,810,000 shares of the company’s stock worth $27,650,000 after acquiring an additional 2,270,000 shares during the period. Hsbc Holdings PLC grew its holdings in Longview Acquisition Corp. II by 500.8% during the third quarter. Hsbc Holdings PLC now owns 2,545,963 shares of the company’s stock worth $25,001,000 after acquiring an additional 2,122,180 shares during the period. Aristeia Capital LLC grew its holdings in Longview Acquisition Corp. II by 11.8% during the second quarter. Aristeia Capital LLC now owns 2,455,600 shares of the company’s stock worth $23,991,000 after acquiring an additional 258,500 shares during the period. Finally, Bank of America Corp DE grew its holdings in Longview Acquisition Corp. II by 45.8% during the first quarter. Bank of America Corp DE now owns 2,186,682 shares of the company’s stock worth $21,342,000 after acquiring an additional 686,682 shares during the period. Hedge funds and other institutional investors own 66.28% of the company’s stock.

Longview Acquisition Corp. II Price Performance

Shares of LGV stock opened at $10.09 on Wednesday. The business’s fifty day moving average price is $10.09 and its 200 day moving average price is $10.00. Longview Acquisition Corp. II has a 1-year low of $9.68 and a 1-year high of $10.15.

Longview Acquisition Corp. II Company Profile

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Longview Acquisition Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on businesses in the healthcare, industrials, consumer, media, technology, and technology services sector.