FinServ Acquisition Corp. (NASDAQ:FSRV)’s share price dropped 6.6% during mid-day trading on Tuesday . The company traded as low as $14.50 and last traded at $15.05. Approximately 1,311,139 shares changed hands during trading, an increase of 18% from the average daily volume of 1,113,704 shares. The stock had previously closed at $16.11.

Institutional investors have recently made changes to their positions in the business. LPL Financial LLC bought a new stake in shares of FinServ Acquisition in the fourth quarter valued at approximately $172,000. Diametric Capital LP bought a new stake in shares of FinServ Acquisition in the fourth quarter valued at approximately $174,000. Bank of New York Mellon Corp bought a new stake in shares of FinServ Acquisition in the fourth quarter valued at approximately $225,000. Granite Point Capital Management L.P. bought a new stake in shares of FinServ Acquisition in the fourth quarter valued at approximately $500,000. Finally, Brookfield Asset Management Inc. bought a new stake in shares of FinServ Acquisition in the fourth quarter valued at approximately $989,000.

FinServ Acquisition Company Profile (NASDAQ:FSRV)

Finserv Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2019 and is based in New York.

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