AGM Group (NASDAQ:AGMH) Shares Up 5.3%

Shares of AGM Group Holdings Inc. (NASDAQ:AGMH – Get Rating) shot up 5.3% during trading on Friday . The stock traded as high as $1.79 and last traded at $1.79. 10,346 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 24,781 shares. The stock had previously closed at $1.70.

AGM Group Price Performance

The company’s 50-day simple moving average is $1.63 and its 200 day simple moving average is $1.79.

Hedge Funds Weigh In On AGM Group

An institutional investor recently raised its position in AGM Group stock. Virtu Financial LLC raised its holdings in AGM Group Holdings Inc. (NASDAQ:AGMH – Get Rating) by 103.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,648 shares of the company’s stock after buying an additional 21,211 shares during the period. Virtu Financial LLC owned approximately 0.16% of AGM Group worth $87,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 3.21% of the company’s stock.

AGM Group Company Profile

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AGM Group Holdings, Inc is a financial technology company, which engages in the provision of financial solutions. The firm focuses on the delivery of trading platform solutions and financial technologies to brokers and institutional clients. Its activities include online trading platform application and computer program technical support and solution service.