Bank of Montreal Can acquired a new position in shares of Frontier Investment Corp (NASDAQ:FICV – Get Rating) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 931,870 shares of the company's stock, valued at approximately $9,076,000. Bank of Montreal Can owned approximately 3.73% of Frontier Investment as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Taconic Capital Advisors LP bought a new position in shares of Frontier Investment in the first quarter valued at approximately $1,934,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Frontier Investment in the first quarter valued at approximately $485,000. Finally, Basso Capital Management L.P. bought a new position in shares of Frontier Investment in the first quarter valued at approximately $233,000. 27.40% of the stock is owned by institutional investors.

Frontier Investment Stock Up 0.1 %

FICV stock opened at $9.95 on Friday. The business has a 50 day moving average of $9.87 and a 200-day moving average of $9.78. Frontier Investment Corp has a 12-month low of $9.61 and a 12-month high of $9.97.

Frontier Investment Company Profile

Frontier Investment Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to search in the technology, digital media, e-commerce, financial technology, and digital services sectors in the Middle East, North Africa, Turkey, Sub-Saharan Africa, and South and Southeast Asia.

Further Reading

• Get a free copy of the StockNews.com research report on Frontier Investment (FICV)
• Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
• Is the 60/40 Portfolio Mix Still in Vogue?
• Institutional Support for Analog Devices Remains High
• Three CBD Stocks to Dominate a Budding Industry
• Microsoft Shares: Is it Time to Back Up the Truck?

Want to see what other hedge funds are holding FICV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Frontier Investment Corp (NASDAQ:FICV – Get Rating).

Receive News & Ratings for Frontier Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Investment and related companies with MarketBeat.com's FREE daily email newsletter.