FinVolution Group (NYSE:FINV) Stock Holdings Decreased by Barclays PLC

Barclays PLC lessened its stake in FinVolution Group (NYSE:FINV) by 98.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,137 shares of the company’s stock after selling 436,152 shares during the quarter. Barclays PLC’s holdings in FinVolution Group were worth $44,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. QRG Capital Management Inc. raised its position 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 during the period. Geode Capital Management LLC grew its stake in FinVolution Group by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 74,723 shares of the company’s stock worth $462,000 after buying an additional 3,164 shares during the last quarter. Kathmere Capital Management LLC increased its position in FinVolution Group by 23.2% in 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 during the period. Creative Planning lifted its stake in FinVolution Group by 15.9% in the third 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 last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of FinVolution Group during the third quarter valued at $58,000. Institutional investors own 31.15% of the company’s stock.

FinVolution Group Trading Up 4.3 %

Shares of NYSE FINV opened at $7.66 on Friday. FinVolution Group has a 12-month low of $4.45 and a 12-month high of $7.68. The company has a market cap of $2.03 billion, a PE ratio of 6.60 and a beta of 0.50. The stock has a 50 day simple moving average of $6.77 and a 200-day simple moving average of $6.03.

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.