Caprock Group LLC raised its stake in shares of FinVolution Group (NYSE:FINV – Free Report) by 26.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 161,495 shares of the company’s stock after buying an additional 33,905 shares during the period. Caprock Group LLC owned about 0.06% of FinVolution Group worth $1,097,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. purchased a new position in FinVolution Group during the third quarter valued at approximately $58,000. Quadrature Capital Ltd purchased a new position in shares of FinVolution Group during the 3rd quarter valued at approximately $94,000. Blue Trust Inc. lifted its stake in shares of FinVolution Group by 246.8% in the 3rd 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 purchased a new stake in FinVolution Group during the third quarter worth $103,000. Finally, SG Americas Securities LLC grew its position in FinVolution Group by 90.6% during the fourth quarter. SG Americas Securities LLC now owns 28,199 shares of the company’s stock valued at $191,000 after buying an additional 13,403 shares during the period. Institutional investors and hedge funds own 31.15% of the company’s stock.
FinVolution Group Stock Performance
FINV opened at $7.63 on Monday. The company has a fifty day moving average of $6.95 and a two-hundred day moving average of $6.15. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 6.57 and a beta of 0.50. FinVolution Group has a fifty-two week low of $4.45 and a fifty-two week high of $7.97.
FinVolution Group 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.
Featured Stories
- Five stocks we like better than FinVolution Group
- Stock Dividend Cuts Happen Are You Ready?
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- What Are the U.K. Market Holidays? How to Invest and Trade
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
Want to see what other hedge funds are holding FINV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FinVolution Group (NYSE:FINV – Free Report).
Receive News & Ratings for FinVolution Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FinVolution Group and related companies with MarketBeat.com's FREE daily email newsletter.
