A method for moving content and an electronic device thereof is provided. The method includes detecting at least two touches, selecting content corresponding to locations at which the at least two touches are detected, detecting a combined shape of touch entities corresponding to the at least two touches if the detected at least two touches are released, and moving the selected content to a location at which the combined shape of the detected at least two touch entities is changed, wherein the touch entities include at least one of a user's finger, a stylus pen, and an extra touch tool.