UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of FinVolution Group (NYSE:FINV - Free Report) by 51.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 495,788 shares of the company's stock after buying an additional 169,344 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.19% of FinVolution Group worth $3,064,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp acquired a new position in shares of FinVolution Group during the second quarter worth approximately $54,000. Blue Trust Inc. lifted its holdings in FinVolution Group by 246.8% during the 3rd quarter. Blue Trust Inc. now owns 15,754 shares of the company's stock worth $97,000 after buying an additional 11,211 shares in the last quarter. D Orazio & Associates Inc. lifted its holdings in FinVolution Group by 17.2% during the 2nd quarter. D Orazio & Associates Inc. now owns 26,150 shares of the company's stock worth $125,000 after buying an additional 3,832 shares in the last quarter. Dark Forest Capital Management LP bought a new position in FinVolution Group in the 2nd quarter valued at $139,000. Finally, Vanguard Personalized Indexing Management LLC increased its stake in shares of FinVolution Group by 38.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 39,891 shares of the company's stock valued at $188,000 after buying an additional 11,177 shares during the period. Institutional investors own 31.15% of the company's stock.
FinVolution Group Price Performance
Shares of FINV stock traded down $0.07 on Friday, reaching $6.80. 929,442 shares of the stock were exchanged, compared to its average volume of 711,703. FinVolution Group has a one year low of $4.45 and a one year high of $7.29. The stock has a market cap of $1.80 billion, a PE ratio of 5.86 and a beta of 0.48. The stock has a 50 day moving average price of $6.31 and a 200 day moving average price of $5.61.
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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