SkyView Investment Advisors LLC Purchases Shares of 98,562 Fintech Ecosystem Development Corp. (NASDAQ:FEXD)

SkyView Investment Advisors LLC acquired a new position in shares of Fintech Ecosystem Development Corp. (NASDAQ:FEXD) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 98,562 shares of the company’s stock, valued at approximately $1,118,000.

Other hedge funds have also modified their holdings of the company. Periscope Capital Inc. increased its position in Fintech Ecosystem Development by 25.1% during the first quarter. Periscope Capital Inc. now owns 125,107 shares of the company’s stock worth $1,376,000 after purchasing an additional 25,107 shares during the last quarter. K2 Principal Fund L.P. purchased a new stake in shares of Fintech Ecosystem Development during the 1st quarter valued at $915,000. Finally, Clear Street LLC increased its holdings in shares of Fintech Ecosystem Development by 362.7% during the 4th quarter. Clear Street LLC now owns 162,240 shares of the company’s stock worth $1,751,000 after buying an additional 127,179 shares during the last quarter.

Fintech Ecosystem Development Price Performance

Shares of FEXD opened at $10.86 on Friday. Fintech Ecosystem Development Corp. has a twelve month low of $10.58 and a twelve month high of $12.51. The stock’s fifty day simple moving average is $11.06 and its 200 day simple moving average is $11.17.

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 development sector in South Asia.