FinVolution Group (NYSE:FINV - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $7.98 and last traded at $8.02, with a volume of 26548 shares traded. The stock had previously closed at $7.80.
FinVolution Group Stock Down 0.7 %
The stock's 50 day moving average price is $7.08 and its 200-day moving average price is $6.26. The stock has a market capitalization of $2.18 billion, a PE ratio of 7.10 and a beta of 0.49.
Institutional Investors Weigh In On FinVolution Group
Several large investors have recently added to or reduced their stakes in FINV. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of FinVolution Group by 496.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 418,477 shares of the company's stock valued at $2,841,000 after purchasing an additional 348,276 shares during the period. Walleye Capital LLC lifted its holdings in shares of FinVolution Group by 134.4% in the 3rd quarter. Walleye Capital LLC now owns 476,294 shares of the company's stock worth $2,943,000 after buying an additional 273,055 shares during the period. State Street Corp grew its position in shares of FinVolution Group by 8.3% during the 3rd quarter. State Street Corp now owns 3,496,614 shares of the company's stock worth $21,609,000 after buying an additional 268,843 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of FinVolution Group during the third quarter valued at $1,224,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of FinVolution Group by 51.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 495,788 shares of the company's stock valued at $3,064,000 after acquiring an additional 169,344 shares in the last quarter. 31.15% of the stock is owned by hedge funds and other institutional investors.
About FinVolution Group
(
Get Free Report)
FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.
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