FNY Investment Advisers LLC Boosts Stake in Metalpha Technology Holding Limited $MATH

FNY Investment Advisers LLC boosted its stake in Metalpha Technology Holding Limited (NASDAQ:MATH) by 714.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 157,229 shares of the company’s stock after acquiring an additional 137,923 shares during the period. FNY Investment Advisers LLC’s holdings in Metalpha Technology were worth $503,000 at the end of the most recent reporting period.

Separately, XTX Topco Ltd purchased a new stake in Metalpha Technology in the 1st quarter valued at approximately $38,000. 30.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Metalpha Technology in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Metalpha Technology Price Performance

Shares of Metalpha Technology stock opened at $2.86 on Wednesday. Metalpha Technology Holding Limited has a fifty-two week low of $0.88 and a fifty-two week high of $4.17. The business’s fifty day moving average is $3.28 and its two-hundred day moving average is $2.97.

Metalpha Technology Company Profile

Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. The company offers digital asset-based wealth management services, which include issuing traditional financial and cryptocurrency derivative products to over-the-counter clients, providing crypto derivative market making services, and proprietary trading of digital assets and crypto derivative products; and securities advising and asset management services.