Public Employees Retirement System of Ohio Takes Position in Yalla Group Limited (NYSE:YALA)

Public Employees Retirement System of Ohio acquired a new position in shares of Yalla Group Limited (NYSE:YALA) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,690 shares of the company’s stock, valued at approximately $53,000.

Several other large investors have also modified their holdings of YALA. Acadian Asset Management LLC lifted its position in Yalla Group by 16.4% during the 2nd quarter. Acadian Asset Management LLC now owns 1,894,487 shares of the company’s stock worth $8,592,000 after acquiring an additional 267,399 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Yalla Group by 145.1% in the third quarter. GAMMA Investing LLC now owns 9,288 shares of the company’s stock worth $42,000 after purchasing an additional 5,498 shares during the period. Blue Trust Inc. lifted its position in shares of Yalla Group by 209.0% during the 3rd quarter. Blue Trust Inc. now owns 31,563 shares of the company’s stock worth $144,000 after purchasing an additional 21,349 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Yalla Group by 81.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 131,899 shares of the company’s stock valued at $599,000 after purchasing an additional 59,378 shares during the period. Finally, Walleye Capital LLC acquired a new stake in Yalla Group in the 3rd quarter valued at approximately $68,000. 4.73% of the stock is owned by institutional investors.

Yalla Group Stock Up 0.2 %

Shares of YALA stock opened at $4.09 on Monday. Yalla Group Limited has a 12 month low of $3.71 and a 12 month high of $6.31. The firm has a market cap of $648.44 million, a PE ratio of 5.60 and a beta of 1.18. The stock has a 50 day moving average of $4.26 and a 200-day moving average of $4.29.

Yalla Group Profile

Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company’s platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.