Verition Fund Management LLC acquired a new stake in Green Visor Financial Technology Acquisition Corp. I (NASDAQ:GVCI – Get Rating) in the first quarter, Holdings Channel.com reports. The firm acquired 607,152 shares of the company's stock, valued at approximately $6,072,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Apollo Management Holdings L.P. purchased a new stake in shares of Green Visor Financial Technology Acquisition Corp. I in the first quarter valued at approximately $3,996,000. Highbridge Capital Management LLC increased its position in shares of Green Visor Financial Technology Acquisition Corp. I by 48.2% in the first quarter. Highbridge Capital Management LLC now owns 929,605 shares of the company's stock valued at $9,296,000 after buying an additional 302,132 shares in the last quarter. Saba Capital Management L.P. increased its position in shares of Green Visor Financial Technology Acquisition Corp. I by 65.0% during the first quarter. Saba Capital Management L.P. now owns 1,521,490 shares of the company's stock worth $15,200,000 after purchasing an additional 599,454 shares in the last quarter. Fortress Investment Group LLC purchased a new stake in shares of Green Visor Financial Technology Acquisition Corp. I during the first quarter worth approximately $3,730,000. Finally, Spring Creek Capital LLC purchased a new stake in shares of Green Visor Financial Technology Acquisition Corp. I during the first quarter worth approximately $1,500,000. 64.49% of the stock is currently owned by hedge funds and other institutional investors.

Green Visor Financial Technology Acquisition Corp. I Stock Performance

Shares of GVCI opened at $10.12 on Thursday. Green Visor Financial Technology Acquisition Corp. I has a one year low of $9.78 and a one year high of $10.14. The stock has a 50 day moving average price of $10.07 and a 200 day moving average price of $10.03.

Green Visor Financial Technology Acquisition Corp. I Profile

Green Visor Financial Technology Acquisition Corp. I intends to acquire assets and businesses through a merger, share exchange, share purchase, stock purchase, reorganization, or similar business combination. It focuses on identifying, acquiring, and managing a business in the financial technology sector.

Further Reading

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