Wolverine Asset Management LLC reduced its holdings in shares of Fintech Ecosystem Development Corp. (NASDAQ:FEXD – Get Rating) by 2.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 374,634 shares of the company's stock after selling 8,998 shares during the period. Wolverine Asset Management LLC's holdings in Fintech Ecosystem Development were worth $3,768,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Warberg Asset Management LLC bought a new stake in shares of Fintech Ecosystem Development during the 3rd quarter worth approximately $164,000. Calamos Advisors LLC bought a new stake in shares of Fintech Ecosystem Development during the 3rd quarter worth approximately $1,509,000. Centiva Capital LP lifted its stake in shares of Fintech Ecosystem Development by 12.0% during the 2nd quarter. Centiva Capital LP now owns 82,804 shares of the company's stock worth $828,000 after acquiring an additional 8,902 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Fintech Ecosystem Development by 427.6% during the 2nd quarter. Millennium Management LLC now owns 160,931 shares of the company's stock worth $1,613,000 after acquiring an additional 130,431 shares during the last quarter. Finally, EHP Funds Inc. bought a new stake in Fintech Ecosystem Development during the 1st quarter valued at $498,000.

Fintech Ecosystem Development Price Performance

Shares of NASDAQ FEXD opened at $10.36 on Friday. The business has a fifty day simple moving average of $10.27 and a two-hundred day simple moving average of $10.15. Fintech Ecosystem Development Corp. has a twelve month low of $9.88 and a twelve month high of $10.55.

Fintech Ecosystem Development Company Profile

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 sector in South Asia.

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