Alliance Wealth Advisors LLC UT Invests $92,000 in UP Fintech Holding Limited (NASDAQ:TIGR)

Alliance Wealth Advisors LLC UT acquired a new position in shares of UP Fintech Holding Limited (NASDAQ:TIGRFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,240 shares of the company’s stock, valued at approximately $92,000.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of UP Fintech by 53.6% during the 3rd quarter. GAMMA Investing LLC now owns 6,031 shares of the company’s stock worth $32,000 after acquiring an additional 2,104 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of UP Fintech by 198.6% during the 3rd quarter. Blue Trust Inc. now owns 14,657 shares of the company’s stock worth $78,000 after acquiring an additional 9,748 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of UP Fintech by 38.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 15,733 shares of the company’s stock worth $84,000 after acquiring an additional 4,377 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in shares of UP Fintech during the 4th quarter worth $119,000. Finally, Shilanski & Associates Inc. bought a new stake in shares of UP Fintech during the 4th quarter worth $120,000. 9.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. China Renaissance raised shares of UP Fintech from a “hold” rating to a “buy” rating and set a $7.58 price target for the company in a research note on Thursday, October 24th. Citigroup reissued a “sell” rating and issued a $5.50 price target (up from $5.00) on shares of UP Fintech in a research note on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of UP Fintech in a research note on Thursday, January 2nd. They issued a “buy” rating and a $9.40 price target for the company.

Check Out Our Latest Stock Analysis on TIGR

UP Fintech Price Performance

TIGR stock opened at $7.22 on Wednesday. The firm’s 50-day moving average price is $6.67 and its two-hundred day moving average price is $5.74. UP Fintech Holding Limited has a 12-month low of $3.10 and a 12-month high of $14.48. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 36.10 and a beta of 0.86. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30.

UP Fintech Profile

(Free Report)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

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

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