Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New $342,000 Investment in Gravity Co., Ltd. (NASDAQ:GRVY)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Gravity Co., Ltd. (NASDAQ:GRVY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 5,426 shares of the technology company’s stock, valued at approximately $342,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.08% of Gravity at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in GRVY. Signaturefd LLC lifted its holdings in Gravity by 111.5% during the 4th quarter. Signaturefd LLC now owns 423 shares of the technology company’s stock worth $27,000 after buying an additional 223 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Gravity by 162.4% in the fourth quarter. GAMMA Investing LLC now owns 690 shares of the technology company’s stock valued at $44,000 after acquiring an additional 427 shares during the last quarter. R Squared Ltd purchased a new position in Gravity in the fourth quarter valued at approximately $52,000. Public Employees Retirement System of Ohio acquired a new stake in Gravity in the 3rd quarter valued at $117,000. Finally, BNP Paribas Financial Markets boosted its position in Gravity by 12.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 27,137 shares of the technology company’s stock valued at $1,609,000 after buying an additional 3,030 shares during the last quarter. 9.92% of the stock is currently owned by institutional investors and hedge funds.

Gravity Stock Performance

Gravity stock opened at $61.41 on Friday. The company has a market cap of $426.74 million, a P/E ratio of 6.84 and a beta of 1.29. Gravity Co., Ltd. has a 1 year low of $53.12 and a 1 year high of $88.85. The firm’s 50-day moving average is $59.59 and its 200-day moving average is $61.92.

Gravity 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.