Walleye Capital LLC grew its stake in shares of FinVolution Group (NYSE:FINV - Free Report) by 134.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 476,294 shares of the company's stock after buying an additional 273,055 shares during the quarter. Walleye Capital LLC owned 0.18% of FinVolution Group worth $2,943,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FINV. SG Americas Securities LLC bought a new stake in FinVolution Group in the 2nd quarter worth approximately $472,000. Commonwealth Equity Services LLC purchased a new stake in FinVolution Group during the 2nd quarter valued at approximately $270,000. Acadian Asset Management LLC boosted its holdings in shares of FinVolution Group by 12.5% during the 2nd 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 last quarter. Caprock Group LLC purchased a new position in FinVolution Group during the 2nd quarter valued at approximately $479,000. Finally, American Century Companies Inc. increased its position in 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 purchasing an additional 39,252 shares during the last quarter. 31.15% of the stock is currently owned by institutional investors.
FinVolution Group Trading Up 1.9 %
Shares of FinVolution Group stock traded up $0.13 during trading on Tuesday, hitting $6.86. 642,534 shares of the stock traded hands, compared to its average volume of 709,826. The firm has a market cap of $1.82 billion, a P/E ratio of 5.91 and a beta of 0.48. The stock's fifty day simple moving average is $6.22 and its 200 day simple moving average is $5.49. FinVolution Group has a 52-week low of $4.40 and a 52-week high of $7.24.
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.
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