HRT Financial LP purchased a new stake in Future FinTech Group Inc. (NASDAQ:FTFT) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 163,573 shares of the company’s stock, valued at approximately $1,014,000. HRT Financial LP owned 0.25% of Future FinTech Group at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Dorsey Wright & Associates acquired a new position in Future FinTech Group in the first quarter worth $42,000. UBS Group AG boosted its stake in Future FinTech Group by 157.8% in the first quarter. UBS Group AG now owns 11,857 shares of the company’s stock worth $74,000 after purchasing an additional 7,257 shares in the last quarter. Virtu Financial LLC acquired a new position in Future FinTech Group in the fourth quarter worth $83,000. Citigroup Inc. acquired a new position in Future FinTech Group in the first quarter worth $99,000. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in Future FinTech Group in the first quarter worth $414,000. Hedge funds and other institutional investors own 1.56% of the company’s stock.
Future FinTech Group stock opened at $2.41 on Tuesday. The business has a fifty day simple moving average of $3.04. Future FinTech Group Inc. has a 52 week low of $1.56 and a 52 week high of $11.29.
Future FinTech Group Inc, through its subsidiaries, operates a real-name block chain e-commerce platform that integrates block chain and internet technology in People's Republic of China. It operates through CCM Shopping Mall Membership, Sales of Goods, and Others segments. The company offers Chain Cloud Mall (CCM), an enterprise customer interactive and comprehensive shopping and sales service platform; NONOGIRL, a cross-border e-commerce platform; and DCON, a block chain-based application incubator and a digital payment system.
Further Reading: How to read a candlestick chart
Receive News & Ratings for Future FinTech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Future FinTech Group and related companies with MarketBeat.com's FREE daily email newsletter.