Mitsubishi UFJ Trust & Banking Corp acquired a new position in 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 fund acquired 2,274,530 shares of the company's stock, valued at approximately $5,436,000. Mitsubishi UFJ Trust & Banking Corp owned about 0.26% of Lufax at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its position in Lufax by 35.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,205,838 shares of the company's stock worth $10,052,000 after acquiring an additional 1,102,943 shares during the last quarter. Catalyst Funds Management Pty Ltd lifted its position in shares of Lufax by 999.0% during the 4th quarter. Catalyst Funds Management Pty Ltd now owns 888,000 shares of the company's stock worth $2,122,000 after purchasing an additional 807,200 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Lufax during the 3rd quarter valued at approximately $1,479,000. State Street Corp grew its holdings in Lufax by 3.2% in the 3rd quarter. State Street Corp now owns 4,960,609 shares of the company's stock valued at $17,313,000 after buying an additional 155,006 shares during the last quarter. Finally, Polymer Capital Management HK LTD bought a new position in Lufax in the 3rd quarter worth approximately $349,000. 69.14% of the stock is owned by institutional investors.
Lufax Stock Performance
Shares of LU traded down $0.27 during mid-day trading on Friday, hitting $2.64. The company's stock had a trading volume of 4,837,265 shares, compared to its average volume of 3,457,977. The stock's 50-day moving average is $2.86 and its two-hundred day moving average is $2.75. The firm has a market capitalization of $2.28 billion, a PE ratio of -3.42 and a beta of 0.71. Lufax Holding Ltd has a one year low of $2.00 and a one year high of $4.94.
About Lufax
(
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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