Public Employees Retirement System of Ohio Takes $117,000 Position in Gravity Co., Ltd. (NASDAQ:GRVY)

Public Employees Retirement System of Ohio bought a new position in Gravity Co., Ltd. (NASDAQ:GRVY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,982 shares of the technology company’s stock, valued at approximately $117,000.

Other large investors have also recently added to or reduced their stakes in the company. Creative Planning raised its position in shares of Gravity by 7.3% in the second quarter. Creative Planning now owns 3,801 shares of the technology company’s stock valued at $307,000 after purchasing an additional 260 shares during the period. BNP Paribas Financial Markets lifted its position in Gravity by 12.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 27,137 shares of the technology company’s stock worth $1,609,000 after acquiring an additional 3,030 shares during the last quarter. Caprock Group LLC acquired a new position in Gravity during the 2nd quarter worth $394,000. Apis Capital Advisors LLC boosted its holdings in Gravity by 88.9% during the second quarter. Apis Capital Advisors LLC now owns 17,000 shares of the technology company’s stock valued at $1,373,000 after acquiring an additional 8,000 shares during the period. Finally, Pekin Hardy Strauss Inc. bought a new position in shares of Gravity in the third quarter worth about $2,977,000. Institutional investors own 9.92% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Gravity from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th.

Gravity Trading Down 0.0 %

Shares of GRVY stock opened at $61.97 on Friday. The firm has a market capitalization of $430.63 million, a P/E ratio of 6.90 and a beta of 1.32. Gravity Co., Ltd. has a 1 year low of $57.37 and a 1 year high of $88.85. The firm’s fifty day simple moving average is $65.19 and its 200 day simple moving average is $68.83.

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.