Retireful LLC acquired a new stake in FinVolution Group (NYSE:FINV - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,486 shares of the company's stock, valued at approximately $261,000.
A number of other institutional investors have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in FinVolution Group in the 3rd quarter worth approximately $58,000. Quadrature Capital Ltd acquired a new stake in shares of FinVolution Group during the third quarter worth $94,000. Blue Trust Inc. grew its position in shares of FinVolution Group by 246.8% in the third quarter. Blue Trust Inc. now owns 15,754 shares of the company's stock valued at $97,000 after purchasing an additional 11,211 shares during the period. Ascent Group LLC acquired a new position in FinVolution Group in the third quarter valued at $103,000. Finally, Dark Forest Capital Management LP purchased a new position in FinVolution Group during the second quarter worth about $139,000. Institutional investors and hedge funds own 31.15% of the company's stock.
FinVolution Group Price Performance
NYSE:FINV traded up $0.06 during mid-day trading on Friday, reaching $7.04. The company's stock had a trading volume of 681,821 shares, compared to its average volume of 691,429. The stock has a market cap of $1.87 billion, a P/E ratio of 6.06 and a beta of 0.50. The company's fifty day simple moving average is $6.65 and its two-hundred day simple moving average is $5.95. FinVolution Group has a twelve month low of $4.45 and a twelve month high of $7.29.
FinVolution Group Company Profile
(
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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