Caprock Group LLC raised its position in FinVolution Group (NYSE:FINV – Free Report) by 26.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 161,495 shares of the company’s stock after buying an additional 33,905 shares during the period. Caprock Group LLC’s holdings in FinVolution Group were worth $1,097,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of FINV. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of FinVolution Group in the third quarter worth approximately $58,000. Quadrature Capital Ltd purchased a new position in FinVolution Group in the 3rd quarter valued at $94,000. Blue Trust Inc. boosted its stake 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 purchasing an additional 11,211 shares during the last quarter. Ascent Group LLC purchased a new stake in shares of FinVolution Group during the third quarter worth $103,000. Finally, SG Americas Securities LLC raised its position in shares of FinVolution Group by 90.6% in 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 last quarter. 31.15% of the stock is currently owned by hedge funds and other institutional investors.
FinVolution Group Trading Down 3.0 %
FINV opened at $7.63 on Monday. FinVolution Group has a twelve month low of $4.45 and a twelve month high of $7.97. The firm has a market capitalization of $2.02 billion, a PE ratio of 6.57 and a beta of 0.50. The firm’s 50-day moving average price is $6.95 and its 200 day moving average price is $6.15.
About FinVolution Group
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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