4,072 Shares in FinVolution Group (NYSE:FINV) Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of FinVolution Group (NYSE:FINV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,072 shares of the company’s stock, valued at approximately $28,000.

A number of other large investors have also recently made changes to their positions in FINV. Creative Planning increased its stake in shares of FinVolution Group by 15.9% during the third quarter. Creative Planning now owns 67,288 shares of the company’s stock worth $416,000 after buying an additional 9,243 shares during the period. Blue Trust Inc. boosted its holdings in FinVolution Group by 246.8% in the third 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 in the last quarter. QRG Capital Management Inc. boosted its holdings in FinVolution Group by 4.5% in the third quarter. QRG Capital Management Inc. now owns 64,945 shares of the company’s stock valued at $401,000 after purchasing an additional 2,775 shares in the last quarter. GSA Capital Partners LLP acquired a new position in FinVolution Group in the third quarter valued at approximately $261,000. Finally, D Orazio & Associates Inc. boosted its holdings in FinVolution Group by 45.8% in the third quarter. D Orazio & Associates Inc. now owns 38,136 shares of the company’s stock valued at $236,000 after purchasing an additional 11,986 shares in the last quarter. 31.15% of the stock is currently owned by hedge funds and other institutional investors.

FinVolution Group Stock Up 0.5 %

Shares of FINV opened at $8.38 on Friday. The stock has a 50 day moving average price of $7.22 and a 200 day moving average price of $6.36. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 7.22 and a beta of 0.49. FinVolution Group has a 52-week low of $4.45 and a 52-week high of $8.78.

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.