Fidelity National Financial (NYSE:FNF) traded higher after Citigroup Inc (NYSE:C) increased its stake in the insurance and financial services administrator.
A filing, late on Friday, previously informed the market that Citi had increased its interest in the company to 23.2% earlier this year.
Trading at US$43.79 in Tuesday’s premarket, up $1.84 or 4.4%.
In the year to date, Fidelity National Financial (NYSE:FNF) shares are up around 11% adding $4.14 to change hands at $41.95.