Virtu KCG Holdings LLC acquired a new stake in CardConnect Corp (NASDAQ:CCN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 39,672 shares of the business services provider’s stock, valued at approximately $597,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. UBS Group AG purchased a new position in CardConnect Corp in the first quarter worth approximately $616,000. Vivaldi Asset Management LLC purchased a new stake in shares of CardConnect Corp during the 2nd quarter worth approximately $10,064,000. Vivaldi Capital Management LLC purchased a new stake in shares of CardConnect Corp during the 2nd quarter worth approximately $785,580,000. Havens Advisors LLC purchased a new stake in shares of CardConnect Corp during the 2nd quarter worth approximately $798,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of CardConnect Corp during the 2nd quarter worth approximately $1,692,000. 31.59% of the stock is owned by institutional investors and hedge funds.
Shares of CardConnect Corp (CCN) opened at 15.05 on Wednesday. CardConnect Corp has a 12 month low of $8.70 and a 12 month high of $15.25.
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CardConnect Corp Profile
CardConnect Corp., formerly FinTech Acquisition Corp., is a holding company. The Company holds interests in CardConnect, LLC. The Company is a provider of payment processing solutions to merchants throughout the United States. The Company’s segments include Merchant Acquiring Services and Other. The Company’s platform allows it to provide payment solutions, customer support and tools for its distribution partners and merchants.
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