Leading Securities Co Ltd acquired a new position in shares of Lufax Holding Ltd (NYSE:LU - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 191,460 shares of the company's stock, valued at approximately $458,000. Lufax comprises approximately 1.5% of Leading Securities Co Ltd's portfolio, making the stock its 5th biggest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Management One Co. Ltd. increased its position in shares of Lufax by 24.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 32,677 shares of the company's stock worth $79,000 after buying an additional 6,422 shares during the period. Corient Private Wealth LLC grew its holdings in Lufax by 43.6% during the 4th quarter. Corient Private Wealth LLC now owns 21,218 shares of the company's stock worth $51,000 after acquiring an additional 6,445 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Lufax by 102.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,600 shares of the company's stock worth $40,000 after acquiring an additional 8,382 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Lufax by 14.8% in the 3rd quarter. Franklin Resources Inc. now owns 65,584 shares of the company's stock valued at $226,000 after purchasing an additional 8,446 shares during the period. Finally, Daiwa Securities Group Inc. boosted its position in shares of Lufax by 14.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 73,275 shares of the company's stock valued at $256,000 after purchasing an additional 9,400 shares in the last quarter. 69.14% of the stock is owned by institutional investors and hedge funds.
Lufax Stock Performance
Shares of LU stock opened at $2.97 on Tuesday. The company has a market cap of $2.57 billion, a P/E ratio of -3.85 and a beta of 0.77. Lufax Holding Ltd has a fifty-two week low of $2.00 and a fifty-two week high of $4.94. The stock has a 50 day simple moving average of $2.86 and a two-hundred day simple moving average of $2.74.
Lufax Profile
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Free Report)
Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products.
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