Public Employees Retirement System of Ohio Invests $1.22 Million in FinVolution Group (NYSE:FINV)

Public Employees Retirement System of Ohio purchased a new stake in FinVolution Group (NYSE:FINV) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 197,992 shares of the company’s stock, valued at approximately $1,224,000. Public Employees Retirement System of Ohio owned approximately 0.07% of FinVolution Group as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. QRG Capital Management Inc. grew its holdings in shares of FinVolution Group by 4.5% during the 3rd quarter. QRG Capital Management Inc. now owns 64,945 shares of the company’s stock worth $401,000 after purchasing an additional 2,775 shares in the last quarter. D Orazio & Associates Inc. lifted its position in FinVolution Group by 17.2% during the second quarter. D Orazio & Associates Inc. now owns 26,150 shares of the company’s stock worth $125,000 after purchasing an additional 3,832 shares during the period. Kathmere Capital Management LLC grew its stake in FinVolution Group by 23.2% during the second quarter. Kathmere Capital Management LLC now owns 43,697 shares of the company’s stock worth $208,000 after buying an additional 8,232 shares in the last quarter. Creative Planning increased its holdings in FinVolution Group by 15.9% in the 3rd quarter. Creative Planning now owns 67,288 shares of the company’s stock valued at $416,000 after buying an additional 9,243 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of FinVolution Group in the 3rd quarter valued at approximately $58,000. 31.15% of the stock is owned by institutional investors.

FinVolution Group Trading Down 0.1 %

Shares of FinVolution Group stock opened at $6.80 on Friday. The company has a market cap of $1.80 billion, a PE ratio of 5.86 and a beta of 0.48. The company has a 50 day moving average of $6.35 and a 200-day moving average of $5.66. FinVolution Group has a 1-year low of $4.45 and a 1-year high of $7.29.

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.