Mirae Asset Global Investments Co. Ltd. Purchases 3,078 Shares of MoneyLion Inc. (NYSE:ML)

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of MoneyLion Inc. (NYSE:ML) by 8,550.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,114 shares of the company’s stock after acquiring an additional 3,078 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in MoneyLion were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new stake in MoneyLion in the 4th quarter worth approximately $29,000. GAMMA Investing LLC grew its position in MoneyLion by 8,550.0% in the 1st quarter. GAMMA Investing LLC now owns 865 shares of the company’s stock worth $75,000 after purchasing an additional 855 shares during the period. KLP Kapitalforvaltning AS bought a new stake in MoneyLion in the 4th quarter worth approximately $86,000. BNP Paribas Financial Markets purchased a new position in shares of MoneyLion during the 4th quarter worth $104,000. Finally, Orion Capital Management LLC purchased a new position in shares of MoneyLion during the 4th quarter worth $112,000. Institutional investors own 31.43% of the company’s stock.

MoneyLion Price Performance

Shares of MoneyLion stock opened at $85.90 on Monday. The company’s fifty day simple moving average is $85.90 and its 200-day simple moving average is $86.35. The stock has a market capitalization of $972.39 million, a PE ratio of 390.45 and a beta of 2.94. MoneyLion Inc. has a 1-year low of $36.65 and a 1-year high of $91.85.

MoneyLion Profile

MoneyLion Inc, a financial technology company, provides personalized products and financial content for American consumers. The company's platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include RoarMoney, an insured digital demand deposit account; Instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus membership program; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; Roundups, which provides features designed to encourage customers to establish good saving and investing habits; and MoneyLion Crypto, an online cryptocurrency account.