Public Employees Retirement System of Ohio Invests $1.22 Million in FinVolution Group (NYSE:FINV)

Public Employees Retirement System of Ohio purchased a new stake in FinVolution Group (NYSE:FINV - Free Report) in the third quarter, according to its most recent filing with the SEC. The fund purchased 197,992 shares of the company's stock, valued at approximately $1,224,000. Public Employees Retirement System of Ohio owned about 0.07% of FinVolution Group at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FINV. XTX Topco Ltd bought a new position in FinVolution Group in the 3rd quarter worth approximately $346,000. Jane Street Group LLC boosted its holdings in FinVolution Group by 229.4% during the third quarter. Jane Street Group LLC now owns 185,420 shares of the company's stock worth $1,146,000 after buying an additional 129,138 shares in the last quarter. State Street Corp raised its position in shares of FinVolution Group by 8.3% during the third quarter. State Street Corp now owns 3,496,614 shares of the company's stock worth $21,609,000 after purchasing an additional 268,843 shares during the period. Quadrature Capital Ltd purchased a new stake in FinVolution Group during the third quarter valued at about $94,000. Finally, Ascent Group LLC acquired a new stake in shares of FinVolution Group during the third quarter valued at approximately $103,000. 31.15% of the stock is owned by institutional investors and hedge funds.

FinVolution Group Stock Performance

Shares of NYSE:FINV traded down $0.02 during mid-day trading on Friday, hitting $6.78. The stock had a trading volume of 352,258 shares, compared to its average volume of 711,740. The company's 50 day moving average is $6.36 and its 200-day moving average is $5.68. FinVolution Group has a 12-month low of $4.45 and a 12-month high of $7.29. The company has a market cap of $1.80 billion, a PE ratio of 5.84 and a beta of 0.48.

FinVolution Group Company Profile

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.