Ausdal Financial Partners Inc. Acquires 43,217 Shares of Beneficient (NASDAQ:BENF)

Ausdal Financial Partners Inc. grew its holdings in Beneficient (NASDAQ:BENF) by 214.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,379 shares of the company’s stock after acquiring an additional 43,217 shares during the period. Ausdal Financial Partners Inc.’s holdings in Beneficient were worth $47,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Stifel Financial Corp increased its stake in shares of Beneficient by 138.2% in the 3rd quarter. Stifel Financial Corp now owns 24,300 shares of the company’s stock worth $30,000 after purchasing an additional 14,100 shares in the last quarter. State Street Corp purchased a new position in Beneficient during the third quarter valued at $73,000. Finally, Virtu Financial LLC bought a new stake in Beneficient during the fourth quarter valued at about $28,000. Hedge funds and other institutional investors own 90.57% of the company’s stock.

Beneficient Stock Performance

Shares of BENF opened at $0.34 on Friday. The business has a 50-day simple moving average of $0.47 and a two-hundred day simple moving average of $0.85. Beneficient has a 52 week low of $0.28 and a 52 week high of $13.22.

About Beneficient

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments.