Lightwave Logic, Inc. (NASDAQ:LWLG) Holdings Raised by Barclays PLC

Barclays PLC grew its stake in shares of Lightwave Logic, Inc. (NASDAQ:LWLG) by 283.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 211,403 shares of the company’s stock after acquiring an additional 156,333 shares during the period. Barclays PLC owned 0.17% of Lightwave Logic worth $584,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. AE Wealth Management LLC purchased a new position in Lightwave Logic in the second quarter valued at about $31,000. Algert Global LLC bought a new stake in shares of Lightwave Logic in the 2nd quarter valued at approximately $36,000. Daiwa Securities Group Inc. acquired a new position in Lightwave Logic in the second quarter worth approximately $37,000. Creative Planning bought a new position in Lightwave Logic during the third quarter valued at approximately $60,000. Finally, Intech Investment Management LLC acquired a new stake in Lightwave Logic in the third quarter valued at approximately $61,000. 27.04% of the stock is owned by institutional investors and hedge funds.

Lightwave Logic Stock Down 7.2 %

LWLG stock opened at $1.92 on Friday. The firm has a 50 day moving average of $2.47 and a two-hundred day moving average of $2.86. Lightwave Logic, Inc. has a 12 month low of $1.68 and a 12 month high of $5.30. The company has a market capitalization of $234.95 million, a price-to-earnings ratio of -10.67 and a beta of 2.03.

Lightwave Logic Company Profile

Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.