Jane Street Group LLC lifted its position in FinVolution Group (NYSE:FINV - Free Report) by 229.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 185,420 shares of the company's stock after buying an additional 129,138 shares during the period. Jane Street Group LLC owned approximately 0.07% of FinVolution Group worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of FINV. Commonwealth Equity Services LLC bought a new position in FinVolution Group in the second quarter worth approximately $270,000. Acadian Asset Management LLC grew its holdings in FinVolution Group by 12.5% during the second quarter. Acadian Asset Management LLC now owns 2,861,280 shares of the company's stock valued at $13,634,000 after purchasing an additional 317,682 shares during the period. Caprock Group LLC purchased a new stake in FinVolution Group in the second quarter worth about $479,000. American Century Companies Inc. raised its stake in shares of FinVolution Group by 5.9% in the second quarter. American Century Companies Inc. now owns 699,574 shares of the company's stock worth $3,337,000 after buying an additional 39,252 shares during the period. Finally, D Orazio & Associates Inc. lifted its position in shares of FinVolution Group by 17.2% during the 2nd quarter. D Orazio & Associates Inc. now owns 26,150 shares of the company's stock valued at $125,000 after buying an additional 3,832 shares in the last quarter. Institutional investors own 31.15% of the company's stock.
FinVolution Group Stock Performance
Shares of FINV traded down $0.06 during mid-day trading on Monday, reaching $6.80. The stock had a trading volume of 320,398 shares, compared to its average volume of 703,749. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 5.86 and a beta of 0.48. The business has a fifty day moving average of $6.46 and a 200 day moving average of $5.77. FinVolution Group has a 12 month low of $4.45 and a 12 month high of $7.29.
About FinVolution Group
(
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.
Read More
Before you consider FinVolution Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FinVolution Group wasn't on the list.
While FinVolution Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.