KBC Group NV Makes New $278,000 Investment in Qifu Technology, Inc. (NASDAQ:QFIN)

KBC Group NV acquired a new stake in shares of Qifu Technology, Inc. (NASDAQ:QFIN) in the 3rd quarter, HoldingsChannel reports. The fund acquired 9,320 shares of the company’s stock, valued at approximately $278,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted 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 buying an additional 30,522 shares during the period. Dimensional Fund Advisors LP boosted its holdings in 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. increased its position in Qifu Technology by 66.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,369,278 shares of the company’s stock valued at $40,818,000 after purchasing an additional 548,678 shares during the period. AQR Capital Management LLC bought a new position in Qifu Technology in the 2nd quarter worth $25,560,000. Finally, Acadian Asset Management LLC lifted its position in shares of Qifu Technology by 1,789.1% in the 2nd quarter. Acadian Asset Management LLC now owns 1,240,489 shares of the company’s stock worth $24,450,000 after purchasing an additional 1,174,824 shares during the period. 74.81% of the stock is owned by institutional investors.

Qifu Technology Price Performance

Shares of NASDAQ QFIN opened at $32.37 on Wednesday. Qifu Technology, Inc. has a 1 year low of $13.71 and a 1 year high of $35.23. The stock has a market capitalization of $5.22 billion, a P/E ratio of 7.77, a P/E/G ratio of 0.42 and a beta of 0.61. The company’s 50-day moving average is $30.68 and its 200 day moving average 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.