BCK Capital Management LP purchased a new position in shares of Fintech Ecosystem Development Corp. (NASDAQ:FEXD – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 37,134 shares of the company’s stock, valued at approximately $401,000.
Separately, Westchester Capital Management LLC acquired a new position in Fintech Ecosystem Development in the 3rd quarter valued at about $1,607,000.
Fintech Ecosystem Development Trading Up 0.4 %
FEXD stock traded up $0.05 during trading on Monday, hitting $11.44. The stock had a trading volume of 4,462 shares, compared to its average volume of 42,276. The company’s 50 day moving average price is $11.02 and its two-hundred day moving average price is $10.85. Fintech Ecosystem Development Corp. has a 1-year low of $10.51 and a 1-year high of $12.51.
About Fintech Ecosystem Development
Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology development sector in South Asia.
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