8,000 Shares in UP Fintech Holding Limited (NASDAQ:TIGR) Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund purchased a new position in shares of UP Fintech Holding Limited (NASDAQ:TIGR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,000 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds also recently bought and sold shares of the stock. Advisor Group Holdings Inc. lifted its stake in UP Fintech by 54.3% in the second quarter. Advisor Group Holdings Inc. now owns 6,065 shares of the company’s stock valued at $176,000 after acquiring an additional 2,135 shares during the last quarter. Sigma Planning Corp acquired a new stake in UP Fintech in the first quarter valued at approximately $189,000. IPG Investment Advisors LLC acquired a new stake in UP Fintech in the first quarter valued at approximately $191,000. Stephens Inc. AR acquired a new stake in UP Fintech in the first quarter valued at approximately $196,000. Finally, Knott David M acquired a new stake in UP Fintech in the first quarter valued at approximately $244,000. Institutional investors and hedge funds own 15.97% of the company’s stock.

A number of analysts have issued reports on TIGR shares. TheStreet cut shares of UP Fintech from a “c-” rating to a “d+” rating in a research note on Wednesday, July 7th. The Goldman Sachs Group began coverage on shares of UP Fintech in a research report on Tuesday, July 13th. They issued a “sell” rating and a $21.10 price target on the stock. Finally, Citigroup dropped their price target on shares of UP Fintech from $21.63 to $18.22 and set a “buy” rating on the stock in a research report on Monday, September 13th.

Shares of TIGR stock opened at $11.79 on Tuesday. UP Fintech Holding Limited has a 1 year low of $4.30 and a 1 year high of $38.50. The firm’s fifty day simple moving average is $15.43 and its 200 day simple moving average is $18.97. The firm has a market capitalization of $1.90 billion, a P/E ratio of 147.39 and a beta of 1.73. The company has a current ratio of 1.13, a quick ratio of 1.06 and a debt-to-equity ratio of 0.41.

UP Fintech Profile

UP Fintech Holding Ltd. is a brokerage firm, which engages in the provision of online brokerage services. The company was founded by Tian Hua Wu in 2014 and is headquartered in Chaoyang District, China.

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Institutional Ownership by Quarter for UP Fintech (NASDAQ:TIGR)

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