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SkyView Investment Advisors LLC Takes $1.85 Million Position in Portage Fintech Acquisition Co. (NASDAQ:PFTA)

Financial News Live ·  Sep 13, 2022 14:43

SkyView Investment Advisors LLC purchased a new stake in Portage Fintech Acquisition Co. (NASDAQ:PFTA – Get Rating) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 188,634 shares of the company's stock, valued at approximately $1,850,000. SkyView Investment Advisors LLC owned 0.58% of Portage Fintech Acquisition as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of PFTA. Clearstead Advisors LLC purchased a new position in Portage Fintech Acquisition during the fourth quarter valued at approximately $77,000. Rockefeller Capital Management L.P. purchased a new position in Portage Fintech Acquisition during the fourth quarter valued at approximately $174,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Portage Fintech Acquisition during the first quarter valued at approximately $214,000. PEAK6 Investments LLC purchased a new position in Portage Fintech Acquisition during the fourth quarter valued at approximately $885,000. Finally, Apollo Management Holdings L.P. purchased a new position in Portage Fintech Acquisition during the first quarter valued at approximately $981,000. Institutional investors own 46.31% of the company's stock.

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Portage Fintech Acquisition Stock Performance

NASDAQ:PFTA remained flat at $9.81 during mid-day trading on Tuesday. The firm has a 50 day moving average price of $9.75 and a 200-day moving average price of $9.73. Portage Fintech Acquisition Co. has a 12 month low of $9.60 and a 12 month high of $10.00.

About Portage Fintech Acquisition

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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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