State Street Corp Has $2.45 Million Stake in Yalla Group Limited (NYSE:YALA)

State Street Corp increased its stake in Yalla Group Limited (NYSE:YALA) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 538,689 shares of the company’s stock after purchasing an additional 7,924 shares during the period. State Street Corp owned approximately 0.34% of Yalla Group worth $2,446,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of Yalla Group by 145.1% during the third quarter. GAMMA Investing LLC now owns 9,288 shares of the company’s stock worth $42,000 after buying an additional 5,498 shares during the period. Walleye Capital LLC acquired a new position in Yalla Group during the 3rd quarter worth approximately $68,000. Blue Trust Inc. grew its stake in shares of Yalla Group by 209.0% during the 3rd quarter. Blue Trust Inc. now owns 31,563 shares of the company’s stock worth $144,000 after acquiring an additional 21,349 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Yalla Group by 81.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 131,899 shares of the company’s stock valued at $599,000 after purchasing an additional 59,378 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its position in shares of Yalla Group by 19.4% in the third quarter. GSA Capital Partners LLP now owns 300,462 shares of the company’s stock worth $1,364,000 after purchasing an additional 48,831 shares in the last quarter. Institutional investors own 4.73% of the company’s stock.

Yalla Group Trading Up 1.0 %

Shares of YALA opened at $4.06 on Wednesday. The stock has a market capitalization of $643.68 million, a price-to-earnings ratio of 5.56 and a beta of 1.18. Yalla Group Limited has a 12 month low of $3.71 and a 12 month high of $6.15. The firm has a fifty day simple moving average of $4.25 and a 200 day simple moving average of $4.26.

Yalla Group Profile

Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company’s platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.