7,258 Shares in Qifu Technology, Inc. (NASDAQ:QFIN) Bought by Wrapmanager Inc.

Wrapmanager Inc. purchased a new stake in shares of Qifu Technology, Inc. (NASDAQ:QFIN) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 7,258 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Qifu Technology by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 4,651,879 shares of the company’s stock worth $85,734,000 after acquiring an additional 30,522 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Qifu Technology by 5.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,193,893 shares of the company’s stock valued at $43,262,000 after acquiring an additional 109,809 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Qifu Technology by 66.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,369,278 shares of the company’s stock worth $40,818,000 after acquiring an additional 548,678 shares during the period. AQR Capital Management LLC purchased a new stake in shares of Qifu Technology during the second quarter worth about $25,560,000. Finally, Acadian Asset Management LLC raised its position in shares of Qifu Technology by 1,789.1% during the second quarter. Acadian Asset Management LLC now owns 1,240,489 shares of the company’s stock valued at $24,450,000 after buying an additional 1,174,824 shares during the last quarter. Hedge funds and other institutional investors own 74.81% of the company’s stock.

Qifu Technology Stock Performance

QFIN stock opened at $32.37 on Wednesday. The company has a market capitalization of $5.22 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 0.42 and a beta of 0.61. Qifu Technology, Inc. has a one year low of $13.71 and a one year high of $35.23. The company’s fifty day moving average price is $30.68 and its 200-day moving average price is $24.41.

Qifu Technology Profile

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.