Quadrature Capital Ltd Takes Position in FinVolution Group (NYSE:FINV)

Quadrature Capital Ltd purchased a new stake in shares of FinVolution Group (NYSE:FINV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 15,131 shares of the company’s stock, valued at approximately $94,000.

Other hedge funds also recently bought and sold shares of the company. SYM FINANCIAL Corp bought a new stake in shares of FinVolution Group during the second quarter valued at approximately $54,000. Point72 Asia Singapore Pte. Ltd. bought a new position in FinVolution Group during the third quarter valued at approximately $58,000. Blue Trust Inc. boosted 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 worth $97,000 after buying an additional 11,211 shares during the last quarter. Ascent Group LLC bought a new stake in shares of FinVolution Group in the third quarter worth $103,000. Finally, D Orazio & Associates Inc. grew its stake in shares of FinVolution Group by 17.2% during the 2nd quarter. D Orazio & Associates Inc. now owns 26,150 shares of the company’s stock valued at $125,000 after purchasing an additional 3,832 shares during the period. Hedge funds and other institutional investors own 31.15% of the company’s stock.

FinVolution Group Trading Up 0.9 %

Shares of NYSE FINV opened at $6.88 on Friday. FinVolution Group has a 12-month low of $4.40 and a 12-month high of $7.29. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 5.93 and a beta of 0.48. The firm has a 50 day moving average of $6.32 and a 200 day moving average of $5.59.

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.