D Orazio & Associates Inc. Buys 7,429 Shares of FinVolution Group (NYSE:FINV)

D Orazio & Associates Inc. raised its stake in shares of FinVolution Group (NYSE:FINV) by 19.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,565 shares of the company’s stock after acquiring an additional 7,429 shares during the period. D Orazio & Associates Inc.’s holdings in FinVolution Group were worth $309,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of FinVolution Group during the fourth quarter valued at about $28,000. SYM FINANCIAL Corp increased its stake in FinVolution Group by 14.4% in the 4th quarter. SYM FINANCIAL Corp now owns 13,543 shares of the company’s stock valued at $92,000 after buying an additional 1,706 shares during the last quarter. Caprock Group LLC lifted its position in shares of FinVolution Group by 26.6% during the 4th quarter. Caprock Group LLC now owns 161,495 shares of the company’s stock worth $1,097,000 after buying an additional 33,905 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of FinVolution Group by 142.1% in the 4th quarter. Blue Trust Inc. now owns 38,138 shares of the company’s stock worth $236,000 after buying an additional 22,384 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of FinVolution Group by 90.6% in the fourth quarter. SG Americas Securities LLC now owns 28,199 shares of the company’s stock valued at $191,000 after acquiring an additional 13,403 shares in the last quarter. 31.15% of the stock is owned by hedge funds and other institutional investors.

FinVolution Group Trading Up 3.9 %

Shares of FinVolution Group stock opened at $8.29 on Friday. The business’s fifty day simple moving average is $7.08 and its 200 day simple moving average is $6.25. FinVolution Group has a 12 month low of $4.45 and a 12 month high of $8.30. The firm has a market capitalization of $2.20 billion, a P/E ratio of 7.15 and a beta of 0.49.

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.