FinVolution Group (NYSE:FINV) Stock Position Raised by Kathmere Capital Management LLC

Kathmere Capital Management LLC boosted its position in shares of FinVolution Group (NYSE:FINV) by 23.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 74,981 shares of the company’s stock after purchasing an additional 14,084 shares during the period. Kathmere Capital Management LLC’s holdings in FinVolution Group were worth $509,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of FinVolution Group by 8.3% in the third quarter. State Street Corp now owns 3,496,614 shares of the company’s stock worth $21,609,000 after buying an additional 268,843 shares during the period. Dimensional Fund Advisors LP boosted its position in FinVolution Group by 16.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,242,306 shares of the company’s stock worth $10,689,000 after acquiring an additional 315,366 shares during the period. American Century Companies Inc. grew its stake in FinVolution Group by 5.9% during the 2nd quarter. American Century Companies Inc. now owns 699,574 shares of the company’s stock valued at $3,337,000 after acquiring an additional 39,252 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of FinVolution Group by 51.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 495,788 shares of the company’s stock valued at $3,064,000 after purchasing an additional 169,344 shares during the period. Finally, Walleye Capital LLC lifted its position in shares of FinVolution Group by 134.4% in the third quarter. Walleye Capital LLC now owns 476,294 shares of the company’s stock worth $2,943,000 after purchasing an additional 273,055 shares in the last quarter. 31.15% of the stock is owned by institutional investors and hedge funds.

FinVolution Group Stock Performance

FINV stock opened at $6.99 on Thursday. The firm has a 50 day simple moving average of $6.62 and a 200 day simple moving average of $5.94. FinVolution Group has a 52 week low of $4.45 and a 52 week high of $7.29. The stock has a market cap of $1.85 billion, a P/E ratio of 6.03 and a beta of 0.50.

About FinVolution Group

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.