Parallax Volatility Advisers L.P. acquired a new stake in Portage Fintech Acquisition Co. (NASDAQ:PFTA – Get Rating) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 87,140 shares of the company's stock, valued at approximately $845,000. Parallax Volatility Advisers L.P. owned about 0.27% of Portage Fintech Acquisition as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PFTA. Security Benefit Life Insurance Co. KS bought a new stake in Portage Fintech Acquisition in the second quarter valued at about $19,206,000. Cantor Fitzgerald L. P. grew its position in Portage Fintech Acquisition by 98.6% in the first quarter. Cantor Fitzgerald L. P. now owns 201,200 shares of the company's stock valued at $1,974,000 after purchasing an additional 99,900 shares in the last quarter. SkyView Investment Advisors LLC bought a new position in Portage Fintech Acquisition in the first quarter valued at $1,850,000. Cubist Systematic Strategies LLC bought a new position in shares of Portage Fintech Acquisition in the 2nd quarter valued at about $1,436,000. Finally, Radcliffe Capital Management L.P. acquired a new stake in shares of Portage Fintech Acquisition during the 1st quarter worth about $1,123,000. 46.31% of the stock is owned by institutional investors and hedge funds.

Portage Fintech Acquisition Stock Performance

Portage Fintech Acquisition stock opened at $9.99 on Friday. Portage Fintech Acquisition Co. has a 12-month low of $9.60 and a 12-month high of $10.02. The firm's fifty day moving average is $9.92 and its 200 day moving average is $9.81.

About Portage Fintech Acquisition

Portage Fintech Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was incorporated in 2021 and is based in New York, New York.

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