FinVolution Group (NYSE:FINV) Shares Purchased by SYM FINANCIAL Corp

SYM FINANCIAL Corp raised its stake in FinVolution Group (NYSE:FINV) by 14.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,543 shares of the company’s stock after purchasing an additional 1,706 shares during the period. SYM FINANCIAL Corp’s holdings in FinVolution Group were worth $92,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FINV. Caprock Group LLC boosted its stake in FinVolution Group by 26.6% in the fourth quarter. Caprock Group LLC now owns 161,495 shares of the company’s stock valued at $1,097,000 after acquiring an additional 33,905 shares in the last quarter. Blue Trust Inc. grew its stake in FinVolution Group by 142.1% during the 4th quarter. Blue Trust Inc. now owns 38,138 shares of the company’s stock worth $236,000 after buying an additional 22,384 shares during the last quarter. SG Americas Securities LLC increased 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 worth $191,000 after buying an additional 13,403 shares during the period. Retireful LLC purchased a new stake in FinVolution Group in the fourth quarter valued at approximately $261,000. Finally, Kathmere Capital Management LLC boosted its holdings in shares of FinVolution Group by 23.1% in the fourth quarter. Kathmere Capital Management LLC now owns 74,981 shares of the company’s stock valued at $509,000 after acquiring an additional 14,084 shares during the period. Institutional investors and hedge funds own 31.15% of the company’s stock.

FinVolution Group Price Performance

FinVolution Group stock opened at $7.63 on Monday. The business has a 50 day simple moving average of $6.95 and a 200-day simple moving average of $6.15. FinVolution Group has a 12 month low of $4.45 and a 12 month high of $7.97. The stock has a market capitalization of $2.02 billion, a PE ratio of 6.57 and a beta of 0.50.

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.