Virtu Financial LLC Lowers Position in Fintech Ecosystem Development Corp. (NASDAQ:FEXD)

Virtu Financial LLC lowered its position in Fintech Ecosystem Development Corp. (NASDAQ:FEXD) by 35.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,026 shares of the company’s stock after selling 10,254 shares during the period. Virtu Financial LLC’s holdings in Fintech Ecosystem Development were worth $204,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. BCK Capital Management LP bought a new position in shares of Fintech Ecosystem Development in the fourth quarter valued at approximately $401,000. Clear Street LLC grew its stake in Fintech Ecosystem Development by 362.7% in the 4th quarter. Clear Street LLC now owns 162,240 shares of the company’s stock valued at $1,751,000 after purchasing an additional 127,179 shares during the period. Finally, Shaolin Capital Management LLC increased its position in shares of Fintech Ecosystem Development by 201.6% during the 3rd quarter. Shaolin Capital Management LLC now owns 228,701 shares of the company’s stock valued at $2,427,000 after purchasing an additional 453,701 shares during the last quarter.

Fintech Ecosystem Development Price Performance

Shares of NASDAQ:FEXD opened at $11.40 on Friday. The company’s 50-day moving average is $11.30 and its 200 day moving average is $11.00. Fintech Ecosystem Development Corp. has a fifty-two week low of $10.51 and a fifty-two week high of $12.51.

Fintech Ecosystem Development 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.