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Metalpha Technology (NASDAQ:MATH) Shares Up 0.8% - Here's What Happened

Metalpha Technology logo with Computer and Technology background

Metalpha Technology Holding Limited (NASDAQ:MATH - Get Free Report) traded up 0.8% on Wednesday . The stock traded as high as $3.87 and last traded at $3.76. 177,370 shares were traded during trading, an increase of 64% from the average session volume of 108,433 shares. The stock had previously closed at $3.73.

Metalpha Technology Trading Down 6.1%

The company has a fifty day moving average of $3.10 and a two-hundred day moving average of $2.20.

Institutional Investors Weigh In On Metalpha Technology

Hedge funds have recently modified their holdings of the stock. XTX Topco Ltd acquired a new stake in Metalpha Technology in the first quarter valued at $38,000. FNY Investment Advisers LLC acquired a new stake in Metalpha Technology in the first quarter valued at $32,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Metalpha Technology by 42.2% in the first quarter. Goldman Sachs Group Inc. now owns 20,346 shares of the company's stock valued at $35,000 after acquiring an additional 6,040 shares during the period. 30.53% of the stock is owned by institutional investors and hedge funds.

Metalpha Technology Company Profile

(Get Free Report)

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.

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