Wolverine Asset Management LLC Takes $112,000 Position in Fintech Acquisition Corp. V (NASDAQ:FTCV)

Wolverine Asset Management LLC bought a new stake in Fintech Acquisition Corp. V (NASDAQ:FTCVGet Rating) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 11,310 shares of the company’s stock, valued at approximately $112,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTCV. RPO LLC bought a new position in Fintech Acquisition Corp. V during the 4th quarter valued at approximately $3,344,000. Vazirani Asset Management LLC bought a new position in Fintech Acquisition Corp. V during the 4th quarter valued at approximately $248,000. FNY Investment Advisers LLC raised its position in Fintech Acquisition Corp. V by 75,846.2% during the 4th quarter. FNY Investment Advisers LLC now owns 98,730 shares of the company’s stock valued at $979,000 after purchasing an additional 98,600 shares during the last quarter. Kovack Advisors Inc. bought a new position in Fintech Acquisition Corp. V during the 4th quarter valued at approximately $317,000. Finally, Bank of New York Mellon Corp raised its position in Fintech Acquisition Corp. V by 116.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 105,057 shares of the company’s stock valued at $1,064,000 after purchasing an additional 56,461 shares during the last quarter. 59.42% of the stock is owned by institutional investors.

In other Fintech Acquisition Corp. V news, major shareholder Luxor Capital Group, Lp sold 9,200 shares of the company’s stock in a transaction that occurred on Wednesday, March 23rd. The stock was sold at an average price of $9.89, for a total transaction of $90,988.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 3,814,263 shares of company stock worth $37,576,406 in the last quarter.

FTCV stock opened at $9.80 on Friday. Fintech Acquisition Corp. V has a fifty-two week low of $9.74 and a fifty-two week high of $12.92. The business’s 50 day moving average price is $9.87 and its two-hundred day moving average price is $10.02.

Fintech Acquisition Corp. V Company Profile (Get Rating)

Fintech Acquisition Corp. V does not have significant operations. It intends to focus on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination, with one or more businesses in the financial technology industry. The company was incorporated in 2019 and is based in Philadelphia, Pennsylvania.

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Institutional Ownership by Quarter for Fintech Acquisition Corp. V (NASDAQ:FTCV)

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