MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Lowers Stock Position in Gravity Co., Ltd. (NASDAQ:GRVY)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its stake in shares of Gravity Co., Ltd. (NASDAQ:GRVY) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,396 shares of the technology company’s stock after selling 532 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.14% of Gravity worth $593,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Signaturefd LLC boosted its stake in Gravity by 111.5% during the fourth quarter. Signaturefd LLC now owns 423 shares of the technology company’s stock worth $27,000 after buying an additional 223 shares during the period. R Squared Ltd purchased a new position in Gravity during the fourth quarter worth about $52,000. WealthCollab LLC boosted its stake in Gravity by 91.6% during the fourth quarter. WealthCollab LLC now owns 979 shares of the technology company’s stock worth $62,000 after buying an additional 468 shares during the period. Citadel Advisors LLC purchased a new position in Gravity during the fourth quarter worth about $204,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Gravity during the fourth quarter worth about $342,000. Hedge funds and other institutional investors own 9.92% of the company’s stock.

Gravity Stock Performance

NASDAQ GRVY opened at $65.30 on Thursday. The firm has a 50 day simple moving average of $61.01 and a 200-day simple moving average of $61.68. Gravity Co., Ltd. has a one year low of $53.12 and a one year high of $88.85. The firm has a market cap of $453.77 million, a price-to-earnings ratio of 7.27 and a beta of 1.32.

Gravity (NASDAQ:GRVY) last posted its quarterly earnings data on Friday, May 9th. The technology company reported $2.15 EPS for the quarter. Gravity had a net margin of 14.98% and a return on equity of 34.76%. The business had revenue of $93.23 million during the quarter.

Gravity Company Profile

Gravity Co, Ltd. develops and publishes online and mobile games worldwide. It offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics.